| Shanker Satyanath and Arvind Subramanian1
IMF Working Paper
Bearish Societe Generale analysts, who forecast the gold price crash earlier this year, are cutting their estimates as
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Bearish Societe Generale analysts, who forecast the gold price crash earlier this year, are cutting their estimates as "the bubble deflation has further to run"
The physical gold market is seriously oversupplied without continued large-scale investor buying.
Patrick Legland, Societe Generale strategist
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