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SPDR Gold Shares Message Board

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  • empirertp empirertp Jul 28, 2008 11:05 AM Flag

    Crames says gold is "played out".

    two tiered weakness here.

    1. he has a real bad track record for accuracy

    2. he sites increased difficulty in mining and costs; so therefore a supply reduction, but the 'reduced demand' part of his argument is weak.

 
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