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Home > First Bitcoin, Now Gold: All Alternative Currencies Must Be Crushed

First Bitcoin, Now Gold: All Alternative Currencies Must Be Crushed

By Tyler Durden
Created 04/12/2013 - 09:53
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Submitted by Tyler Durden [1] on 04/12/2013 09:53 -0500



 

Gold prices just entered a bear market. Down 21% from their mid-2011 highs. Today's drop is the largest since 2/29/12 - LTRO2 and takes the price of the barbarous relic back to July 2011 lows. Silver is also seeing its biggest down-day since LTRO2 as it tests 2012 lows. Must. Destroy. All alternative currencies.

A bad day for commodities...

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Source URL: http://www.zerohedge.com/news/2013-04-12/first-bitcoin-now-gold-all-alterantive-currencies-must-be-crushed

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