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mannken

09/19/14 12:12 AM

#2478 RE: dealerschool2006 #2475

I think ECB QE

will be a big part of a continued downfall

and the conundrum of inflation, if inflation ticks up, fed will raise rates, further bolstering the dollar hurting gold, if inflation remains soft, that will hurt gold also, tough spot for gold

gold still has a long ways to under perform against cpi
http://www.macrotrends.net/1340/gold-vs-the-cpi-historical-chart