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Koos Jansen: GOFO is negative again, indicating a new rise in gold

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Chris Powell

GATA

Published : April 04th, 2014

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	Gold researcher and GATA consultant Koos Jansen writes this week that the one-month gold forward offered rate (GOFO) has turned negative again, indicating that gold is in more demand than dollars and, if patterns hold, a new uptrend in the price of the monetary metal. Jansen's commentary is headlined "GOFO Turned Negative Again: The Consequences" and it's posted at his Internet site, In Gold We Trust, here: http://www.ingoldwetrust.ch/gofo-turned-negat...he-consequences

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Chris Powell is the secretary of the Gold Anti-Trust Action Committee (GATA) which has been organized to advocate and undertake litigation against illegal collusion to control the price and supply of gold and related financial securities.

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4/4/2014 at 2:26 PM GMT
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Koos Jansen's website www.ingoldwetrust.ch/‎ is offline today-April 4

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