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Gold’s Price Correction: Separating the Men from the Boys

By Michael Lombardi, MBA for Profit Confidential

Is gold bullion becoming the commodity the mainstream media and analysts love to hate?

After all, views of the metal are becoming increasingly bearish. But I believe the most important factor as to why gold bullion
is actually attractive at this point is being ignored; gold bullion
becomes more valuable as the paper money created by central banks
increases in circulation.
How negative have investors become on
gold bullion? Since October 2012, hedge funds have cut their holdings of
gold bullion by 56%. (Source: Bloomberg, February 15, 2013.) Hence, you
can see why some are calling the recent price decline in gold bullion
prices t

Added: Feb-22-2013 Occurred On: Feb-22-2013
By: abbyjosephew
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Tags: gold bullion, housing market, gold, central banks, bull market, Federal Reserve, home prices, U.S. economy
Location: Kleinburg, Ontario, Canada (load item map)
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  • As long as the US dollar is a fiat currency Gold will continue to go up, come hell or high water. It will occasionally go down, but if the US dollar survives for 30 years, Gold will be much higher.

    Posted Feb-22-2013 By 

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