Dear Jim,
The recent IMF and Fed announcements give me the feeling they are worried that gold is/was about to make a major up move. Their actions may have instead only fuelled this by putting "blood in the water." Sharks smell fear…
Warm Regards,
CIGA Lance
Dear Lance,
You have nailed it. The price of gold yesterday and today certainly agrees with you.
Sincerely yours,
Jim
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Comment: I sense a feeding frenzy draws closer.......BD1