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July 13, 2011

Gold Shines, Dollar Demurs

Gold's encore to a break above the last cycle high was a break to a new, all-time high. By no small coincidence, this breakout occurred on a day that saw Ben Berskanke open the door to yet more counterfeiting operations. I will admit to being a bit surprised that a move toward QE3 is being made so quickly. My expectation was to see ...

 

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