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Tuesday, August 23, 2011

Gold

A couple of items about the price of gold appeared in my inbox this week. The first one:
What the heck? Platinum is $10 more than gold.
How do I go short on gold? - Michigan Mike
The second one contained this gem:
Gold's ascent is a confluence of negative real interest rates; undisciplined central bank behavior; a growing loss of confidence in government policies and financial systems; loss of Swiss bank secrecy; an accumulation of economic wealth by individuals in parts of the world without stable property rights and rule of law. - Rocky Humbert on One Honest Man

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