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The Bull Case For Gold This Year, and the Bear

- Sam Kirtley - Sk Options Trading

You talked about all the wrong reasons that gold will rise or fall, their is only one that everyone should know. The US has a debt of 18.134 trillion and rising, with more spending to come . The US has 8134 tons of gold? That's around 260 million ozs, At a 1/20 backing of gold to the debt that should put gold around 3,468.35 per oz I could go on but I wont , thanks for the read.

Commented 3346 days ago

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Beginning of the headline :There are many opposing views as to what will drive the price of gold this year and in which direction. We will discuss these views and the major factors that have contributed to their formation. Gold is a function of monetary policy just as currencies are, so we will cover on the actions and current stance of major central banks with a heavy focus on the Fed and the US economy. We currently hold the view that the Fed will hike this year and that this will drive gold to new lows before the end o... Read More

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