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why gold prices are falling
Posted by: AllGold
Date: November 03, 2008 07:09PM
Basically, commodities are getting hammered because of all the deleveraging due to the financial crisis; hedge funds and big investors need to raise cash to cover huge losses.

[www.orlandosentinel.com]



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Re: why gold prices are falling
Posted by: mattkime
Date: November 03, 2008 07:34PM
but gold is just as shiny as it was yesterday!



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Re: why gold prices are falling
Posted by: Bill in NC
Date: November 03, 2008 07:35PM
Paper contracts maybe, but check the huge current premium you get to pay for common forms of physical gold (IF they have it in stock):

[www.ajpm.com]
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Re: why gold prices are falling
Posted by: incognegro
Date: November 03, 2008 08:51PM
right, not actual gold bullion.



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