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Media Clowns Can’t Get it Right, Re: Gold/US$
Is it just me or is anyone else tired of all this talk about Gold FOLLOWING the US$’s lead? Turn on the news and they’ll talk about how a falling US$ pushes Gold higher.
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Is it just me or is anyone else tired of all this talk about Gold FOLLOWING the US$’s lead? Turn on the news and they’ll talk about how a falling US$ pushes Gold higher.
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James Turk is the CEO of GoldMoney and author of the Free Gold Money Report. Quoting from the commentary: Gold is now in its second stage, and of course, the worries don’t disappear. They never do because there are always emotional reactions that at first blush offer seemingly plausible reasons for not taking the right … Continue reading
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Chris Puplava at FinancialSense has some interesting gold charts in his latest weekly commentary.
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This info is c/o of Zero Hedge
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Yesterday I interviewed Jim Rogers, who obviously needs no introduction. I emailed him and we were able to do the interview the same day. The thing which differentiates Rogers from others is that he not only answers the exact questions asked of him but he answers thoroughly. His humble nature, in addition to the knowledge … Continue reading
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This is a typical argument that many mainstream gold bears make. It goes like this…. “As soon as the Fed raises rates, it will pop the Gold bubble and the US$ will bottom” This is totally ridiculous. First, it is real interest rates that matter. Rates need to be 2-3% above the level of inflation. … Continue reading
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First, let me debunk the bubble callers and those who say Gold is a crowded trade. I’ve heard at least three different people say this. Google that and you’ll be amazed at the number of results. Here are some excellent charts.
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Paulson set to launch Gold fund in January to take advantage of the bull market, according to the WSJ
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Dylan Grice, an analyst with Societe Generale calculates a price target for Gold based on the monetary base and US reserve gold holdings
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Jim Rogers is interviewed by theStreet.com.