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User 30121 » Comments » EGO
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Don't Miss the Coming Gold Bull [View article]
Central Banks dumping gold? Are you kidding me? They are "prevented" from "selling" (really lending..they NEVER sell their gold) more than 500 tonnes annually. This year TOGETHER the central banks have not "sold" that much gold. They have even gone so far as to state they will be refraining from any further gold activity! SO, what gives you any indication they are doing so, when China, Russia, France, Italy and others are buying as much as they can get their hands on? Even if they DO "lend", what does that do to the almighty dollar? Give it up, please! If you want to chide the Pinelli's of the world, go ahead, but make sense, huh?