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Strategies & Market Trends : 2026 TeoTwawKi ... 2032 Darkest Interregnum

GLD 386.01

+1.6%

Nov 12 4:00 PM EST

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To: TobagoJack who wrote (20680)	8/1/2007 9:28:41 AM
From: carranza2	Read Replies (1) of 217734

Hope you ae not leveraged. I think Slider explained gold's recent poor performance very well. I am very cash-heavy, too. Could care less what happens to the markets, except to the extent that it will offer significant opportunities b/c US corporations are severely undervalued and will become even more so in the next few days. Great earnings, great balance sheets, buybacks, foreign sources of revenue, you name it. Why do you stand ready to buy more gold? By your thesis, it will be going up, making it more expensive. By your lights, you should have loaded up long ago, when you considered it 'cheap.' With your perfect correct substance-free prescience, you should have been done buying gold long ago.vbg Gold and the markets are down today, however. The gold-leveraged are getting hammered, just as predicted. Couldn't happen to a nicer bunch.

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