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Liu Jun Luo Forecasts Major Plunge In Gold, USD Rally

|Includes: SPDR Gold Trust ETF (GLD), IAU

In Liu Jun Luo: The Gold Smash Is The New Opium War , I translated Liu Jun Luo's post gold smash blog, which in part stated:

Today is the "gold gap" campaign, but by the end of April or in early May, this will shift to the "dollar index army" and it will be rapid and violent.

Today Mr. Liu blogged that the rally has begun in earnest. He expects the Japanese and Americans will short gold and by August or September, gold will be below $1000 an ounce.

Who knows if he'll finally see his gold crash, he's been looking for this for more than 2 years.