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Gold bears retreat

Posted by seumasach on August 19, 2013

[Firstly, they tried to knock out the Euro. Then they tried to knock out gold. In both cases they have failed and there is nothing left to support the dollar.]

Gold Bears Retreat as Prices Reach Two-Month High

Bloomberg

19th August, 2013

Speculators cut bullish and bearish bets on gold simultaneously for the first time in two months as prices advanced to the highest since mid-June on signs of strengthening physical demand.

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