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  • Rising Base Metals, Falling Precious Metals Signals Improving Economy [View article]
    "It may be that gold is signaling an end to systemic risk in the financial system."

    It may also be signaling the primacy of JPM's $85 Billion gold derivative position. A market as small as gold can easily have its charts painted. Given the numerous recent expose's on the CFTC, how will we ever know? I also think that rising base metal prices are signaling a Chinese desire to convert at least some of their dollars to real commodities; dollars can be (and are being) debased, commodities not.
    Apr 09 13:32 pm |Rating: +4 0 |Link to Comment
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