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Robert L
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Woe is Gold

- James West - Midas Letter

An excellent article summarizing the present postion. However, I am most surprised at the author's assertion that this situation might continue "for years". I was of the understanding that the game would be over when the COMEX could not deliver physical gold to satisfy demands, and furthermore that this situation is imminent in Dec 2013 or shortly thereafter. Some clarification would be welcome.
RJL

Commented 3932 days ago

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Beginning of the headline :There’s a day out there on the horizon of time – distant perhaps, perhaps not – where the price of gold is going to suddenly and forcefully reverse course, and leap past its previous record. The primary cause of this reversal will be the widespread breakdown in the viability of the world’s fiat currencies, primarily the United States dollar. The reversal in the price of gold will handsomely reward investors who have the financial fortitude to buy when everyone is selling, and the mental fortitud... Read More

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