gold will continue to rise so long as Govts around the world spend more than they earn and have to keep borrowing money....its called negative cashflow and can only be rectified by a capital injection to redress the imbalance. Capital injections (read money printing) are negative for the value of fiat currencies and not gold.....economics 101...buy the asset that doesnt get diluted(gold) and sell the one that does (fiat currency)
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gold $2000 /oz in 2009, page-46
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