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Why gold prices trend so much? could reach $ 1200?

The Chinese government began to tell his people to buy silver and gold. gold bullion was not allowed for many years. the Chinese government was hoarding gold for years and its use of its dollar reserves to buy gold with us and then sell to its citezens for the Chinese currency Yauna. this is a good way for us to dump dollar reserves.

E-Mini S&P 11/15/2007 Price-Trend.com