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Friday, August 12, 2011

Gold after the CME Margin Hikes

The Bull case is Europe is likely to handle its debt crisis by printing more money , to avoid default , which is inflationary , every western country is trying to debase its currency in order to boost their exports and devalue their debts , so that's a bull signal for Gold , but a healthy pullback is in order before heading higher and eventually hitting the historic mark of $2000/oz


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