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BRD Message Board

  • gtcochran May 17, 2013 5:12 PM Flag


    It'll get there before the bull in gold returns!

    Sentiment: Hold

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    • as I see it, gold took a dump when the jpy started falling, which makes pretty good sense. as a investor who just borrowed yen and bought USD a few months ago is about 20-25% ahead in currency and if he had shorted gold well he is very happy. fed orchestrated or not it is probably a part of what is happening. but the turd is in the punch bowl and rising to the top, because the japanese band market wants to sell off as well to take advantage of the yen decline. everyone can't dump the yen at once or the dollar will go too high, this is getting too risky for the c banks