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VBgood

01/23/13 11:09 AM

#19433 RE: JustForFun7 #19432

With almost every Nation in a World printing money , trying to devalue their currency (to outdo each other in a trade war)
- I don’t see how gold can go lower than $1650. That would be the ultimate support after which it can shoot up to $1800. JMHO

Implanting

01/23/13 11:36 AM

#19434 RE: JustForFun7 #19432

Gold needs either higher inflation to enter the picture or some sort of crisis to appear for a move higher. I would agree it seems gold is stalling here just below $1700. Oil has been making a better move as of late.

PTQ is giving up the ghost, as usual.