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Gypsy
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Gold & Silver Market Morning - Julian D. W. Phillips - Gold Forecaster

Julian, I read you every chance I can; to get a feel for the way of the Money People's World. No, it's not my world. Mine is more dirt and earthy. Still, I'd like to comment that DEFLATION (the dropping of prices on everything) is Welcomed with open arms in my world. INFLATION (the price of everything rising) is The Harbinger of Death in my world. When you say the central banks are pushing for INFLATION, to me, it means the central banks are pushing my world into poverty, and soon, into starvation. You explain things well, but I fail to see any "up" side to what's going on even if the price of gold and silver rise. I may want the price of silver to rise; but if my whole neighborhood is wiped out to get that rise ~ I'd rather the price do nothing ! !

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Beginning of the headline :Gold Today Gold closed slightly weaker at $1,287.70 up $18.80 inNew York on Thursday. Asia held it there this morning but London took it down nearly $5 ahead of the Fix where it was set at $1,281.75 down $1.50 in London, on Tuesdays Fixing. In the euro it Fixed at 953.399 down 1.8 on Tuesdays Fixing. Ahead of New Yorks opening the euro stood at $1.3448: 1 with gold at $1,282.65 and in the euro at 953.78.Silver Today Silver fell to $20.81 up 6 cents in New York on Thursday. Ahead of New... Read More

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