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The market is seeking safety in gold. All over the world investors are paying substantial premiums over Comex to own the real thing. Demand has been soaring. On the other side of the coin leveraged funds are puking up everything they can turn into cash to make margin calls and cover their cds and other big time losing trades.
Dec 10 03:32 am
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All Comments by Ahab »Why Isn't the Market Seeking Safety in Gold? [View article]
The fed needs an exponential number of bunnies to fund an exponential bailout/deficit. Where will they be if gold takes off now and who are the two big comex shorts for the 'million dollar question'?