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Travelling And Gold Breaking Upwards

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Eric de Carbonnel

Market Skeptics

Published : May 12th, 2009

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FOLLOW : Comex Commodities Gold Gold Market London Manipulation Market Paper Gold Physical Gold

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Category : Gold and Silver

I am traveling today/tomorrow, so no updates for the next 36 hours. I will answer emails on investing in Russian agriculture when I get back to Connecticut.

On another note, below is today’s 24 hour gold chart. Gold is breaking upwards.

More blatantly obvious manipulation of gold prices

Below are two more gold charts from last week. Things to notice:

1) All the big spikes upwards happen when the London (physical) gold market is open.
2) All the downward movement happens after the COMEX (paper) gold market opens.

These charts show physical demand driving gold higher while the paper gold market desperately tries to force prices back down. Paper gold is losing.

Eric de Carbonnel

Market Skeptics

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