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GOLD - going to rally 100 points to $1600+

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GOLD - going to rally 100 points to $1600+

Postby Market Harmony » Mon May 09, 2011 9:00 am

This will happen by June 1.

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Re: GOLD - going to rally 100 points to $1600+

Postby CU Baker » Mon May 09, 2011 9:25 am

Margin requirements for buying silver futures could bring money over to physical gold until the dust settles.
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Re: GOLD - going to rally 100 points to $1600+

Postby Lemon Thrower » Mon May 09, 2011 10:14 am

i think it goes there but am less sure about when. we have the euro scare mongering and ostensible end of QE2 supporting the dollar in the near term. potential military adventures in MENA also put a bid under dollar assets. not saying it won't, just that i won't be surprised if it takes longer.
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