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25/08/11
08:54
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Hi Skol,
Nice to see you again.
Perhaps you need to do a little more research?
The reason for the drop is a second large hike in margin requirements at the CME.
Gold may well drop further as they hike requirements another couple of times.
For anyone that bought bullion without leverage this is no issue as they can ride it out.
World economic fundamentals are only getting worse and monetary instability is worsening all the time.
If gold dips another couple of hundred it will be a good buying opportunity.
Twinsen
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