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The Imminent $2.5 Trillion Debt Ceiling Hike Will Unleash A Gold Price Surge To $1,950 And Higher

 
Lonerangersilver
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08/01/2011 06:04 PM
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The Imminent $2.5 Trillion Debt Ceiling Hike Will Unleash A Gold Price Surge To $1,950 And Higher
Two weeks ago we presented a chart that shows the uncanny correlation between the debt ceiling and the price of gold. Now that we know the final amount of the next debt ceiling hike, somewhere in the $2.5 trillion ballpark, it allows us to extrapolate where gold will end up as a result of the debt ceiling hike which will likely be voted into law at 7pm PDT.
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Anonymous Coward
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08/01/2011 06:11 PM
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Re: The Imminent $2.5 Trillion Debt Ceiling Hike Will Unleash A Gold Price Surge To $1,950 And Higher
Silver is the new gold!

hf
Punk-A$$ets

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08/01/2011 07:44 PM
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Re: The Imminent $2.5 Trillion Debt Ceiling Hike Will Unleash A Gold Price Surge To $1,950 And Higher
I have little doubt. Lets just hope for a significant pull back first. But I have been dead wrong so far about any sig pull back.





GLP