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SPDR Gold Shares Message Board

  • archarch_60477 archarch_60477 Mar 17, 2013 10:19 PM Flag

    HOW COME GOLD IS NOT UP 100 PTS

    IT SHOULD BE

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    • Gold has been in a power dive for several months now....Not too many investors are ready to pile back in, despite the Cyprus news....Also, the authorities themselves (the CBs, IMF, et al) would probably resist such a move as it would send a very strong signal to market participants that the system is cracking...In other words, the global regulators may very well resist this impulse move into gold by selling to temper market fears and to be able to show the markets that "all is well, stay calm". If regulators can simply wave their hand and declare that, ipso facto, your deposit (not an investment, a deposit) is subject to a tax/haircut, surely they can and would sell gold to suppress a market signal that all is, indeed, not well

      Gold's days of $100 gains are yet to come...Just not tonight

    • where's the question mark? you must be new here; this board doesn't use all CAPS.

 
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