Gold Prices Trapped in a no Man's Land says Phil Streible, senior market strategist at MFGlobal, He says there is slight more downside risk to the gold price but that prices are trading in a tight volatile range.seems like some deflationary aspects is coming into the market today , but if we break through about $1875 to the upside that upward momentum should carry us back up to the contract highs and if we close there I think the $2000 and $2300 is back in the cards
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Monday, September 12, 2011
Sunday, September 11, 2011
Bob Chapman on Money Radio with Sinclair Noe - September 11 2011
Bob Chapman : Greece debt is miniscule compared to that of Spain and Italy , the Germans never wanted to be in the Euro , they want to cut off social security ad medicare that people have paid for and transfer that money to the military industrial complex
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Money Radio,
Sinclair Noe
James Turk on Goldseek Radio - Sep. 6, 2011
James Turk : ..there is so much nervousness about the fragility of the banking system pretty much globally , everybody knows that the Banks are over leveraged have a lot of bad debt and therefore they are worried about their deposits , in this kind of environment Gold is always going to do well ....we are in the second stage of the Gold bull market , this is the longest and most powerful stage and as gold prices continues to rise it attracts increasing attention and people who have nort been gold buyers before are attracted to the gold market as they are going to learn the advantages the gold has to offer
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James Turk
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