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LA, California, USA
Experience: Intermediate
Platform: NinjaTrader
Trading: CL,ES mainly
Posts: 520 since Sep 2011
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This week’s Barron’s points to recent World Gold Council data showing enormous gold purchases by central banks over the past year. These purchases are most likely not a temporary tactical move, but rather a powerful long term trend that will continue for years, if not decades. But wait: don’t the central banks want us “normies” to buy up more equities, invest and spend with record amounts of fiat currency, and heckle the gold bugs for their hilarious foolishness? It appears to be a case of “Do as I say, not a I do.”
The [AUTOLINK]Central Banks[/AUTOLINK] Are Buying Gold Like It?s 1965 (NYSEARCA:GLD, NYSEARCA:SLV, NYSEARCA:IAU, NYSEARCA:PHYS) | [AUTOLINK]ETF[/AUTOLINK] DAILY NEWS
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Message: Buy physical commodities - now. The Empire of Paper is falling.
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