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Gold bubble continues to deflate

August 12, 2008 · Filed Under Gold and Resources · Comments 
The gold bubble is continuing to deflate, right alongside the oil and euro bubble. Just how far? Jon Nadler provides perspective. by Jon Nadler, Kitco.com Baltimore — (TFN): Showing no signs that it has found a near-term bottom, gold continued to lose ground in overnight trading and erased its year-to-date gains, plunging to $801.90 per ounce and [...]

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Demand destruction for gold?

August 11, 2008 · Filed Under Gold and Resources · Comments 
Is demand destruction applicable to gold and silver? The big question now is how far both will fall. Gold was trading at around $660 an ounce a year ago and silver was at $11 an ounce. If they retrace and revert to the mean we could see these prices again relatively soon. by J. Christoph Amberger Baltimore [...]

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