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Message: Dundee Capital Report - April 24, 2009

Which Central Bank dumped gold at 8:00 PM tonight?

posted on Apr 27, 09 10:18PM

It's been several months since we've seen a $15 gold dump in 1 minute time right at 8:00 PM. An obvious attempt by a Central Bank to push the price below $900 and cause the 80% or so gold traders who rely solely on technicals to join in. Still holding below $900. The dump was done by a Western CB and probably picked up by the Chinese. The slow but sure financial power base moving from West to East.

stateside

Quiet desperation!
RUF
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