It’s all speculation. Armstrong talked about a panic cycle and bearish scare prediction after the Swiss vote after it sinks in he said but instead gold went up not down. First says the vote to save their gold won’t help it THEN after the no vote suggests it opens the door to sell it if they don’t. If they wanted to sell it they already would have and what has that have to do with the rest of the world and those who are buying? He says he doesn’t speculate but he appears to do so when it comes to gold which is always bearish even when it went up.
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