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Gold

Posted on April 15, 2013 @ 9:41 am (Monday) by WARREN MOSLER

When Central Banks buy it, the price tends to go up, and when they sell it, the price tends to go back towards marginal cost of production.

Talk of Cypress being forced to sell stokes fears of Greece doing same, and of course when EU policy turns biased towards selling its doubtful any of the member banks would buy?


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