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Precious Metals Blog
Friday, April 15, 2011
Gold joining silver and going
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.
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 www.goldiras.com
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