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Raising an eyebrow. . .

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Published : November 27th, 2016
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Category : GoldWire

The most famous quote uttered in advance of the 2008 financial crash came from Citigroup’s CEO, Chuck Prince, and was reported in the July 9, 2007 edition of the Financial Times:

“When the music stops, in terms of liquidity, things will be complicated. But as long as the music is playing, you’ve got to get up and dance. We’re still dancing.”

So, it is that I raised an eyebrow when I read the following quote in this morning’s Financial Times  from Blue Marble’s Vinny Catalano (under an opinion piece headlined Trump’s Bull Run):

“On a technical basis, the music is playing, there are no negative signals and people are dancing.  It’s career suicide if you are not in the market.

Source : www.usagold.com
Data and Statistics for these countries : Georgia | All
Gold and Silver Prices for these countries : Georgia | All
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Michael J. Kosares is the founder of USAGOLD-Centennial Precious Metals, Inc., the author of "The ABCs of Gold Investing: How to Protect and Build Your Wealth with Gold", and numerous magazine and internet articles and essays. He is also writes a popular weekly Client Letter on the gold market. Mr. Kosares is frequently interviewed in the financial press and is well-known for his on-going commentary on the gold market and its economic, political and financial underpinnings. He has over 30 years experience in the gold business. USAGOLD-Centennial Precious Metals is one of the oldest and most prestigious gold firms serving private investors in the United States, Europe, Canada and Australia.
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