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Not sure what the price will be tomorrow, next week or next month. But there is going to be massive buying pressure on gold.
It's been an asset class completely ignored by fund managers, both as a direct exposure and as gold producers. Given shorting is dead, what better way to gain exposure than by buying gold.
Southern Cross just issued a note with a strong buy on gold. I'm sure many global research houses are saying the same... we just need a good base to form before moving higher. All this and we still have to beware the CB manipulation!
