Gold and Silver making breakout move

Discussion in 'Politics' started by Dissent, Sep 7, 2012.

  1. Dissent
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    Dissent BANNED

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  2. emptystep
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    emptystep VIP Member

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    Dow ended up 14.65. Up 0.11% does not sound like a lot but given that yesterday it closed at the best level since December 2007 staying above that line the day after, even by a single point, is a very bullish sign. Gold is up as a people are preparing for the Fed the help the economy based on weak data which with bring about a strong return of the economy.
     
  3. GuyPinestra
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    GuyPinestra Senior Member

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    Precious metals are up because SMART people realize that the Fed printing gazillions of new dollars makes existing dollars worth less. As QE3 takes effect, expect to see the trend accelerate.
     

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