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QE hasn't solved the velocity of money problem and the "fiscal cliff" will only strengthen the dollar driving down the price of gold             and silver             short term. Longer term when inflation picks up gold             will probably move through $4000 an ounce. Just look at the money printing era of the 70's and how gold             reacted. Every rise was followed by 2 years of approximately 50% declines in the price followed by 400% gains.
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