Friday, July 30, 2010

Gold on the cusp of a parabolic move

John Embry of Sprott Asset Management believes gold is on the cusp of a parabolic move up, despite central and bullion bank price manipulation in the paper futures markets. Physical shortages will drive prices higher.

http://www.sprott.com/Docs/InvestorsDigest/2010/06_23_2010%20Gold%27s%20on%20the%20cusp%20of%20a%20parabolic%20move%20up.pdf

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