if we are right in our assumption on the americans printing more money, and possibly a similar play in europe, whats the thought on a big drop in Gold prices??
for the recosrd i am not thinking the drop will be big, as the fundamentals are still very very bad for debt laden countries to increase their cash flow by adding more debt??
maybe a retrace to $1750 support before the next wave of bad news ignites it the POG again.
i would be interested in any thoughts on this.
how will money prinintg affect the gold price
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