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re: Gold...why is it down?
Posted on 2/20/13 at 3:29 pm to wiltznucs
Posted on 2/20/13 at 3:29 pm to wiltznucs
quote:
Gold has a well documented history of increasing in value as investors flee the market in periods of economic decline/uncertainty. The fact that gold is now decreasing in value is probably an indication that the leading macroeconomic indicators (CPI,Inflation,Housing Starts) combined the DJI topping 14,000 has investors moving back into the equity market.
This is my understanding, as well.
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