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The value of gold has crashed; will it ever return to its previous

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The value of gold has crashed; will it ever return to its previous  [#permalink]

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New post 09 Jun 2018, 19:48
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A
B
C
D
E

Difficulty:

  5% (low)

Question Stats:

87% (01:30) correct 13% (01:34) wrong based on 55 sessions

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The value of gold has crashed; will it ever return to its previous high within the next year? Even at around $60, the value of gold is still up over 100 percent since it matched its last all-time high in the low $30 range just two months ago. One trend is clear, at $60 or at $250, the ecosystem of watching and trading gold continues to expand. Within the next year, without a doubt, more portfolios will include gold, more companies will be created to serve people who consider trading gold, and more people will buy gold. Clearly, it can be concluded that gold will go up.

In the argument given, the two portions in boldface play which of the following roles?


(A) The first is a prediction that, if accurate, would provide support for the main conclusion of the argument; the second is that main conclusion.

(B) The first is a prediction that, if accurate, would provide support for the main conclusion of the argument; the second is a conclusion drawn in order to support that main conclusion.

(C) The first is an objection that the argument rejects; the second is the main conclusion of the argument.

(D) The first is an objection that the argument rejects; the second presents a conclusion that could be drawn if that objection were allowed to stand.

(E) The first is a claim that has been advanced in support of a position that the argument opposes; the second is a claim advanced in support of the main conclusion of the argument.

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Re: The value of gold has crashed; will it ever return to its previous  [#permalink]

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New post 09 Jun 2018, 20:00
IMO A ..main conclusion is the 2nd bold face ..1st bold face is a prediction that if true ll lead to conclusion ..

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Re: The value of gold has crashed; will it ever return to its previous  [#permalink]

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New post 09 Jun 2018, 23:21
The answer is (A).
We can go for the

Logical

approach because there are some strong cues here which can lead us to the answer even without taking the time to really understand the passage.

As this is a boldfaced question, we don't really care about anything besides the boldfaced parts. Looking at them, we see the second closely follows the second, with only the words "clearly in can be concluded that" in between them; this means the second is a conclusion that the first leads to! Looking at the answers, only (A) describes this: (A) The first is a prediction that, if accurate, would provide support for the main conclusion of the argument; the second is that main conclusion.

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Re: The value of gold has crashed; will it ever return to its previous &nbs [#permalink] 09 Jun 2018, 23:21
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