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Sunday, May 22, 2011

Gold Going Parabolic This Summer


Why could gold go parabolic?
Prices for the yellow metal have recently suffered, along with silver from sudden investor retreat using rationales like inflation is beaten, the global economy is recovering and the US dollar is getting stronger. Against the overvalued euro, maybe, but against gold the US dollar, euro, yen and almost all other paper moneys only have one way to go: down.

View full post on The Market Oracle

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