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""This issue appears now fully priced into the gold market and any announcement confirming sales should not move the market - apart from perhaps a knee-jerk reaction," said John Reade, an analyst at UBS."

A man truly worthy of his bonus. Do people really get paid (at all) to write such nonsense?

Edited by mikthe20

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These sales will be enough to push the price well over $1000. Once US/the West loses control of physical supplies the game is up.

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These sales will be enough to push the price well over $1000. Once US/the West loses control of physical supplies the game is up.

How will sales increase price?

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How will sales increase price?

I dunno, Sibley might enlighten.

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Guest redwine

""This issue appears now fully priced into the gold market and any announcement confirming sales should not move the market - apart from perhaps a knee-jerk reaction," said John Reade, an analyst at UBS."

A man truly worthy of his bonus. Do people really get paid (at all) to write such nonsense?

dont take any notice of johnny at ubs (union de banque suisse) they are in big trouble lost millions going to lay off thousands usual bank story

as for the IMF its ran by a frenchman who was caught sha**ing a young trainee secretary

these people are n't worth listening to

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dont take any notice of johnny at ubs (union de banque suisse) they are in big trouble lost millions going to lay off thousands usual bank story

as for the IMF its ran by a frenchman who was caught sha**ing a young trainee secretary

these people are n't worth listening to

At least he wasn't buggering the economy like the rest of them.

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How will sales increase price?

Think about who will be buying. These sales are never on the open market. Almost always the price is agreed with 1 or 2 massive buyers (in this case China).

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