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2009 Gold outlook

Posted on 09 April 2009

From Livenews.com.au: Gold has been under pressure this week as sharemarkets have paused for breath, or slipped back after the big run up of the past four weeks. Gold has risen, fallen, risen and was trading under $US900 an ounce on Wednesday and Thursday ahead of the Easter break.
For gold investors, these are temporary developments. Because of the credit crisis, the recession and the enormous rise in government spending and borrowings, they see the outlook for gold as being more ‘golden’ than it would appear…..Full Article: Source


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