Why Gold Prices Will Plummet

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AL2

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Why Gold Prices Will Plummet

posted on May 02, 2010 08:09PM

Michael Crook, vice president and strategist at Barclays Wealth, argues that gold will sink to $800 an ounce as investors dump the precious metal. Buying Puts on GLD, but buying Silver, PALL, PPLT

Not saying I agree. Just showing what is being said out there.

Doesn't seem like you would sell Gold and buy the others. Crazy.

http://www.thestreet.com/video/index.html?bcpid=1155328549&bclid=1111449338&bctid=82541020001#82541020001

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