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POG: Whither Gold, in the short term? (Slight Decline in 2013, I suppose)
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<p>[QUOTE="Drjones266, post: 1610112, member: 43084"]I honestly feel, in my humble opinion, that all these analysts are trying to convince the general public to sell their gold holdings in order to create an artificial gold plunge. Then, they'll just buy, buy, buy. Trust your gut. Gold isn't dropping below $1500 in 2013. The debt limit and possible downgrading of the US credit rating could create a major panic in the markets, sending gold over $2000/oz. If it does, keep this thread and I'll send you a bottle of Blue Label for being wrong. If it doesn't you can thank me in 2014. Oh, and what would happen in the markets if the US actually does mint that $3,000,000,000,000 coin? I can't imagine foreign governments (and subsequently the lenders to the US ) taking that move on the chin.[/QUOTE]</p><p><br /></p>
[QUOTE="Drjones266, post: 1610112, member: 43084"]I honestly feel, in my humble opinion, that all these analysts are trying to convince the general public to sell their gold holdings in order to create an artificial gold plunge. Then, they'll just buy, buy, buy. Trust your gut. Gold isn't dropping below $1500 in 2013. The debt limit and possible downgrading of the US credit rating could create a major panic in the markets, sending gold over $2000/oz. If it does, keep this thread and I'll send you a bottle of Blue Label for being wrong. If it doesn't you can thank me in 2014. Oh, and what would happen in the markets if the US actually does mint that $3,000,000,000,000 coin? I can't imagine foreign governments (and subsequently the lenders to the US ) taking that move on the chin.[/QUOTE]
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POG: Whither Gold, in the short term? (Slight Decline in 2013, I suppose)
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