As gold falls further, the hard money press are trying to reinflate the gold bubble. From CPM Group:
“There is an aura of desperation in the internet gold press, as those who still expect gold prices to rise grasp for any-thing that could be interpreted as being potentially bullish for gold. The collapse of the euro, a stock market crash, a Chinese ‘recession,’ and other potential catastrophes are pointed to with glee. Other potential developments within the gold market are being trotted forth by gold marketing groups as reasons to believe gold prices inexorably must rise sharply in the near future.”
Maybe John Paulson can be convinced to join the aviation community.
You know how to make a small fortune in aviation?
Start off with a big one.
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