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S W
Member since May 2012
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has posted a comment on the article :

Will the Greek Bailout Make Gold, Silver Rise or Fall?

- Julian D. W. Phillips - Gold Forecaster

If the Greece situation has anything to do with what the gold price is showing, I suspect that when the default happens, there will be a little bit of insignificant wobble,up and down in the gold price!

That is another way of saying that there will no effect on the value of GOLD :) :)

Commented 4591 days ago

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Beginning of the headline : Some investors may feel that the Eurozone debt crisis has been resolved by the bailout from the other E.U.members.Whether it has or has not, is irrelevant to the price of gold, or is it? There are still hurdles in the way, such as the acceptance by private Greek Bondholders of the 53% haircut and low interest rates they will get until 2015... Read More

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