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Friday, April 15, 2011
Gold joining silver and going hyperbolic?
Coupling with the breakout to the downside noted yesterday in the U.S. Dollar, gold has currently broken above its long term angle of accent which indicates it is going hyperbolic. As I noted in my blog on March 2, 2011 that Silver has gone hyperbolic , this could similarly be a very explosive move to the upside coming in gold. . This is a new long term buy signal for gold.

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By May 16th the U.S. must either lift its debt ceiling, or not lift it, which destroys the "full faith and credit" of the United States. In either case it is ugly. BUY GOLD, get out of U.S. Dollars.

James M. Carrillo

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