Re: Gold may be reacting.

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sculpin

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Re: Gold may be reacting.

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Re: Gold may be reacting.

Silverback

posted on Jan 25, 2012 06:15PM

I am guessing gold continues upward from here. The recent retracement from $1900 per ounce to $1500 per ounce has flushed out the speculators. All the while, banks were accumulating and have formed a solid base. This should bode very well for our sp in the future if it ever becomes leveraged to the POG.