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Message: Gold, Silverado, Fed, election

Up to $1682 early today and then the FOMC comes out and says what they have to to "manipulate" the price back down to $1645. Lets face it, right now the Fed/Govt?Obama doesn't want gold going up, and as a result the $dollar going down. Painting a rosy picture of the economy improving, the stock market rising to maybe all-time highs, unemployment dropping, albeit, people falling out of the system & no longer eligible for benefits.

Wait till the election is over folks. The proverbial "poop" is going to hit the fan. Precious metals stocks is where you will want to be along with bullion IMHO. If Silverado can get its act together, they will be positioned to take advantage of the coming market drop & rush to metals.

I'll bet all that hype of Israel attacking Iran doesn't happen till after the election too. If Obama is re-elected you can almost count on it. He doesn't want it to happen now, as it wouldn't look good for him before the election. You know we'll get sucked in on it. On this I hope I am wrong ! GLTA, kaola

Since FOMC meeting the dollar has reversed and is now up 55 points on the $ index, and gold down $34.50

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