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Message: Re: Gold holds near $1,200/oz
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May 07, 2010 08:19AM

"Denominated in euros, the 1,000 euros a troy ounce mark is now in reach," said Commerzbank in a note.

I have a feeling that this 1000 Euro's/oz gold will be a serious psychological marker in that part of the world. THis may further legitimize gold as the real global curency in the more common falk in Europe???

Just a thought,

Deno G.

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