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Politics : Welcome to Slider's Dugout

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To: SliderOnTheBlack who wrote (4037)12/10/2006 5:50:37 PM
From: Jamey   of 50729
 
The way I see it, the top callers and the momentum gurus are the main problem to gold volatility today. A gold investor (not a gold bug) sees movements over a longer basis than the johnny come lately traders who are frightened by volatility.

Gold has moved $100 to the upside since Dec 05. That point cannot be argued. Next December I fully expect to see gold move a minimum of $100 and gains like this is not bad in any market.

I don't give a good crap about what gold will be next Tuesday or how the top callers can cause many to bail. If you are betting against gold long term, I suspect your rationale.

Santi
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