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H3Capital

09/26/11 11:50 AM

#68802 RE: Wolverine1997 #68799

Gold is going down for three reasons:
1. The dollar is gaining value over the Euro (inverse relationship between the dollar and gold prices)
2. People are having to sell gold to cover stock margin calls
3. Margin requirements have been increased for gold futures

In spite of these short-term factors, gold will continue to increase in the long-term.