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Thursday, November 1, 2012

''Gold price to rally regardless of who is elected President''

From The Telegraph

''Gold is likely to go much higher in the course of the 45th President's four year term – whether there is a President Obama or a President Romney, according to analytics firm GoldCore.

In its latest newsletter, GoldCore said that the US fiscal cliff, involving steep government spending cuts and tax hikes due in January, is likely to "support gold at these levels and lead to higher gold prices in the coming weeks.''

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