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Politics : Welcome to Slider's Dugout
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To: RonMerks who wrote (3910)11/30/2006 11:24:48 AM
From: Fun-da-Mental#1   of 50736
 
Ron, I think your question has the answer already in it. If sentiment was as bullish as you can ever remember, that means everyone with an interest in buying gold had already bought. With no new buyers the price has to go down. Furthermore, if that kind of sentiment wasn't enough to push gold to a major new high, it means there is less money in the gold market than there used to be.

Fun-da-Mental
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