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<p>[QUOTE=&quot;10gary22, post: 1417629, member: 23626&quot;]I have read reports that stated the Fed has used a lot of pressure to force private banks to sell large lots of gold when the price runs too high. This is to keep the dollar from being greatly devalued.&nbsp; I cannot tell if the report is true, but it would explain why the drop. I doubt that much money was moved to a different commodity when gold was still rising without some outside influence. Of course once the price starts to fall, the computer trading programs issue instructions to sell, which adds to the pressure.</p><p><br /></p><p>But if you plot the lows as turning points they still chart upward. I am holding for now. Getting small amounts of silver for long term holding.[/QUOTE]</p><p><br /></p>

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