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Hmmm, all those -IUM metals. No wonder we’re running out of rare earth metals — forgers are using them to create fake gold! Maybe that’s why China is putting some brakes on rare earth exports. They are trying to protect their domestic gold industry. Chinese are now buying gold like as if their RMB will become toilet paper tomorrow. The gold buying season is also underway in India with the traditional marriage season. Gold will hit US$1,600/try oz by Apr 2011.
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