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Gold Update: The Bloodbath Phase

October 3, 2023

We're entering the final few days of the intermediate decline, I call this the bloodbath phase as this is where price just goes down day after day after day and no matter how many times we go through this, people's emotions take over and they do stupid things. They sell into a bloodbath phase and they become shell-shocked and they can't buy back usually for many weeks, sometimes months later.

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The naturally occurring gold-silver alloy is called electrum.
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