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0.51% $1,391.7 gold futures

china is secretly bankrupt, page-6

  1. jantimot
    30,924 Posts.
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    16/11/11
    16:19
    Post #: 9295727
    ct, why do you think gold will be savaged?

    I'm as bearish as anyone on China, but, who would be selling?

    In any case, owners of gold can take a 50% hit in the USD price of gold with equanimity, because when China falls our dollar will be sub-50c at the same time.
    Value at posting: $0.00
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    lightbulb Created with Sketch.  Great analysis
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