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Greenback773

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Greenback773

Re: pepemartinez post# 485

Friday, 08/16/2013 5:46:57 AM

Friday, August 16, 2013 5:46:57 AM

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As a true long I suggest you wait, QE will be scaled back and the markets are set to come down. Gold is rallying so this is coming up but it will come down into September an October I suggest you wait as the markets retrace this will come down . Wait to buy don't rush in on the short term swing if you are long.

People were shouting for this to run when it heade from 1.2 to 2.4 -2.6. But it will come down. Not enough in the economy for gold to rally.

Plus a lot of countries are either stopping gold imports . Especially Asian ones. So it will come down . Wait till 1200 region to buy.
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