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Re: VBgood post# 20760

Friday, 06/28/2013 10:58:14 AM

Friday, June 28, 2013 10:58:14 AM

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I hope this correction we're seeing in the PM prices really hurts supply going forward and I have read several articles that say it will. Because that should theoretically be bullish for prices going forward, as long as demand stays high.

This correction IMO has moved gold from the weak, paper-gold/ETF hands into the stronger, physical hands, which was an important event. Gold has moved from the western banks into the eastern banks in this process. A power shift is occurring.
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