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havocjohn

04/30/12 9:04 AM

#60122 RE: CancunCharlie #60118

Where to start, the list is long:

Bernakie (sp) setting up for QE 3 by fall, to give the impression of an improving economy for the election in Nov.

Socialist Canidate leading the polls in France.

EU gearing up to break out the printing presses.

Disappointing economic outlook for US on Friday.

the list is long as to what could have caused a spike in the spot price of gold. Gold is just getting ready for another run north and it will probably go higher than 2k this time.

Bottom line, economy's around the world are in poor shape and gold for some reason is a safety spot for cash. Personally I would invest in silver, it's cheaper and it has out performed gold and will probably continue to do so.

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Austinvball

04/30/12 1:16 PM

#60144 RE: CancunCharlie #60118

Wow did you see it spike down $15 today? What is going on?