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Strong finish to the day, with plenty of support at 1.7c and...

  1. Chawkey
    2,214 Posts.
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    09/08/11
    17:32
    Post #: 8798298
    Strong finish to the day, with plenty of support at 1.7c and below.

    Rumours of QE3 are great for gold stocks. In fact either way is a win/win. QR3 = more money printed = inflation = gold price up. No QE3 = recession fears (earlier) = flight to safe haven assets = gold price up.

    Sweating on those production and costs numbers.
    SBL Price at posting: 1.8¢ Sentiment: Buy Disclosure: Held
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    lightbulb Created with Sketch.  Great analysis
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