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Gold at $ 1003

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8 REPLIES 8
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Marko_1
Contributor
good US $ take the beating & make us some more......
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Werner_1
Super Contributor
I think gold will get much higher, look what is happening in us with Lehman and Bear...
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What the Fed has done is socialism only for the rich, which I think is not efficient for the economy.
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Werner_1
Super Contributor
Yes, the US markets are in trouble and i think the fed will not be able to control it like they hope to. Gold will go much higher in the next few weeks-months - in my opinion. ZAR possibly decline against the USD as well, all good signs for physical gold in SA - NewGold will benefit bigtime! what do you think? could we see ZAR-USD reach 8.40? and gold going another 10% up or so over the short term? i think it just might be possible!
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According to the ruling party partners,Cosatu,Num they are very much infavour of that level the 820-850. That level is posible,yes
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Werner_1
Super Contributor
good to hear that, my analysis indicated that these levels are possible, good to hear your comment as this makes me believe more in my ideas...
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mbk
Contributor
1025$ spot price. Its a metals markets
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