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2014 In Review: How Could Gold Bugs Have Been So Wrong
- John Rubino -
Dollar Collapse
Good article.
Gold Bugs got it wrong because they failed to look at long time monthly chart where the trend has been down for two years and instead listened to proponent of baloney.
And whats more nothing has changed. YET.
It could turn in a flash, but I suspect there will be a capitulation of 3-4 moths of straight down bars to around $700 (yikes) where you can sit and wait till there is an emerging uptrend on (wait for it) a monthly chart.
And yes, forget all the hype about rigging ,shortages,etc.
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3393 days ago
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Twelve short months ago, the immediate future looked like a lock. Overvalued equities had to fall, ridiculously-low interest rates had to rise, and beaten-down precious metals had to resume their bull market. The evidence was overwhelming. Debt in the developed world had risen to $157 trillion, or 376% of GDP, by far the highest level on record and clearly unsustainable. Long-term US Treasury rates had been falling for literally three decades and despite a recent uptick were so low tha...
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chers Vladi,il est lor, oui, effectivement, et alors ? un fonctionnaire crée de la richesse ? creuser des trous crée de la richesse ? si nous arrêtions, pour voir, de payer nos impôts, vos 55, fonctionnaires compris, font quoi fin du mois ? merci d'expl
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- 20/04/2013 à 20:03 GMT
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