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DRYBLOWER
Dryblower on the end of the gold boom (as predicted)
GOLD has not crashed. That’s the good news from <i>Dryblower</i>. The bad news is that it doesn’t have to fall much further for the US$369 an ounce drop since it hit an all-time high on August 6 last year for the fall to be correctly called a crash.
Technically, gold's plunge from its peak price of $2067/oz seven months ago to last sales on Friday at $1698/oz is a correction because it is more than 10% but less than 20%. To be termed a crash the...
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