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Lassonde maintains the range

GOLD bull Pierre Lassonde believes that the gold price won’t be able to break through US$450 per ounce for at least nine months because the US dollar is likely to remain strong for at least another year as Asian central banks continue buying the greenback.

Michael Quinn
Lassonde maintains the range

According to an OsterDowJones report from the Denver gold forum, the Newmont Mining executive was surprised that the gold price wasn’t toward the upper end of his long held US$380 to US$450/oz price range....

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