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Old 04-10-2014, 08:26 AM
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AgAu AgAu is offline
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Join Date: Jun 2009
Posts: 467
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At US$40+/oz people buy because of HOPE.

At US$17/oz people dont buy because of FEAR.

It is easier to sell bullion when spot is high.

This is the herd mentality at work. Applies for all market from PM, stocks to real estate.
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