Gold closed at 1039 after the dollar takes a beating. What I find shocking is this comes only a week after the IMF released 403 metric
tons of gold for sale. That did put some pressure on price, very little, for about 72hours.
Then less than two weeks later we see a move like this?
Today the US Mint announces it is canceling the sales of coins. Is this a coincidence?
Are the central banks running out of gold to continue with the manipulation?
I think we know how this story ends.
Tuesday, October 6, 2009
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