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overtheedge
Member since May 2012
680 commentaries - 6 followers

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Why Gold MUST Go Higher - Adrian Ash - Bullion Vault

I think it is definitely time to be buying. The Bassel III has a caveat in my opinion. If the banks do buy gold and it becomes a tier 1 asset, price goes up. However if the bank is holding gold and the bank goes insolvent, what happens if their reserve in gold goes back on the market? I know how I spell volatility.

Commented 4346 days ago

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Beginning of the headline :Ooops! Just when everyone said gold must go higher – immediately...! MARKETS are made of opinions, some better than others. There are always plenty of opinions about gold. And right now they're clearly making the market.Just not in thewayyouwouldthink. "There are too many bulls, including me," warned hedge-fund and commodities legend Jim Rogers toCNBC overnight... Read More

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