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To: NormsRevenge

I like how the journalists are so brilliant to know exactly what caused gold to drop $104 today.

“Gold prices plunge as economic fears ease”

A more accurate reason for the drop is that after advancing $450 in the past six weeks the gold market ran out of buyers and corrected.


11 posted on 08/24/2011 1:43:12 PM PDT by Presbyterian Reporter
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To: Presbyterian Reporter
I'm so confused, I thought it dropped because of increased margin requirements. Now I hear it's because the economy looks better? What is the truth? Are all these experts just guessing?
19 posted on 08/24/2011 3:48:38 PM PDT by pepperdog (Why are Democrats Afraid of a Voter ID Law?)
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