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Strategies & Market Trends : Ride the Tiger with CD

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To: Proud Deplorable who wrote (23273)12/9/2004 2:11:55 AM
From: TrueScouse  Read Replies (1) of 312446
 
emerson:

Marcos has a point. Something like 50% of the last 50 posts have been yours, and I have to say that none would have given me anything useful for trading the markets. When you're logging in from Nicaragua you like to focus on the meat -- making money on junior mining stocks -- and time is at a premium!

Attacking Lassonde is another strange focus for your posts, given that he is one of the very few senior mining executives in the world that exposed the negative effect of majors' hedging and spoke out against it. And NEM's stock has benefitted accordingly. And why shouldn't GLD sell a chunk of gold if their investors decide to do the same? Isn't that the way it's supposed to work? You should focus on why major GLD investors are selling -- i.e. the fundamentals and technicals of the PMs markets -- and not on the mechanics of balancing the fund.

Regards,
Howy
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