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@PeterSchiff Yes, but when? Short term still dome pressure possible

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@GlobalMktObserv @Konstantin15637 China has around 10% gold in their reserves which is still low, I agree, they simply have to buy to achieve their long term goal... but they're smart, buying as prices go down, so dont expect another massive rally, gold shouldn't behave like a stock...

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@Konstantin15637 @GlobalMktObserv Nah, but not every dip is a buying opportunity... gold shouldn't behave like a stock and it has overshot recently

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@hajiyev_rashad Yeah bro, gold to 20k until YE...lol

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@GlobalProTrader Maybe rising real yields are driven by the large deficit and are here to stay, even with inflation falling, who knows

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@J0SH_SPEED @themarketsniper Eh, you'll see. I'm bullish gold long term though, but it will fall further short-term

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@KobeissiLetter It has been for years, doom posting still won't trigger a next financial crisis..

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@KatusaResearch Yes, because history always repeats itself 🙄

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@icooperTrades It's the confidence of TA gold bugs that have been wrong all year that gets me

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@icooperTrades Imagine investing according to arbitrary lines

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@SilverMinerDesk @data168 Yeah bro, 10000 by year end... delusional gold bugs... I'm bullish gold long term, but this year it needs a break, given higher yields, inflation etc.. stop pumping

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@leadlagreport China and other countries still selling, the expect higher yields to come

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@TheGladiatorHC It cannot go up forever, after last year's fantastic run and higher yields, miners are in for a losing year

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@data168 Tf are you talking about, clearly it's breaking down since higher interest rates kicked in and will continue so, stop looking at lines

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@hajiyev_rashad Yeah, just ignore the regime change in rising yields and draw sime lines to forecast pruce... TA gold bugs are the worst.. and I'm even long term bullish gold, but the situation does not look good in the short term

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@TheApeOfGoldST Maybe they expect higher us yields and sell treasuries into gold. Long term bullish gold, eventually, if fiscal discipline is ignored, but in the short term, higher real yields could put pressure on gold.. especially since gold performed very well over the past months