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Gold

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    Gold

    " Gold is on course for its biggest monthly drop in more than two years after increased speculation that the US Federal Reserve will raise interest rates before the end of the year triggered a sell-off in the precious metal.

    Spot gold prices fell by as much as $4 to $1,053.29 on Monday, close to Friday's six-year low of $1,052.46.

    While prices recovered in late trading, gold is still on track for a decline of 6.7pc this month, which would represent the biggest monthly fall since June 2013. "

    Source: Gold heads for biggest monthly drop since 2013 - Telegraph

    Looks like Britain will be able to buy back the gold that grim Brown stole

    #2
    I'm holding on to mine until Dim says sell. I trust him.
    'CUK forum personality of 2011 - Winner - Yes really!!!!

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      #3

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        #4
        How will this affect house prices?

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          #5
          time to sell the national reserve!
          Always forgive your enemies; nothing annoys them so much.

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            #6
            Always believe in your sole.

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              #7
              Maybe it'll eventually get to that $900 mark GS predicted years ago. Still, a good time to be a buyer.

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                #8
                Originally posted by northernladuk View Post
                I'm holding on to mine until Dim says sell. I trust him.
                He sold at peak didn't he? You missed the call!

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                  #9
                  Originally posted by BrilloPad View Post
                  How will this affect house prices?
                  Houses will be worth more and more kilograms of gold every month - that's deflation for you!!!

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                    #10
                    Originally posted by administrator View Post
                    He sold at peak didn't he? You missed the call!
                    Just don't ask him about his Cyprus villa...

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