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FSN: Gold Gains As 14% Plunge Overdone – Speculators Sell, Central Banks To Buy
Tuesday, April 16, 2013 7:41
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Be prepared for the next great transfer of wealth. Buy physical silver and storable food.
by Mark O’Byrne
GoldCore
Today’s AM fix was USD 1,378.00, EUR 1,054.00 and GBP 900.48 per ounce. Yesterday’s AM fix was USD 1,416.00, EUR 1,083.31 and GBP 924.52 per ounce.
Gold fell sharply $131.10 or 8.81% yesterday to $1,357.00/oz and silver slid to $22.80 finished -12.69%.
Gold rebounded as store of value and diversificaiton buyers deemed a 14% plunge over two days to be excessive and an Asian central banker said that policy makers may take the opportunity to buy.
Continue Reading at GoldGore.com…
2013-04-16 07:21:47
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