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Strategies & Market Trends : Ride the Tiger with CD

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From: koan	9/5/2007 11:01:45 PM
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Gold and the dollar both up again tonight. Kaiser and a few others do not think gold will move up until later this year or early next year. I am not so sure seeing gold moving up with the dollar several days in a row now, seems very strong to me. Kaiser feels there is a very good chance the US will bomb Iran's nuclear facilities and that will cause gold and oil to move up sharply and people should be ready for that. I will probably buy the K B wts (expire 2011) for a gold proxy in such an event. Kaiser thinks bush is getting ready to leave Iraq, "but not with his tail between his legs" ergo the bombing of Iran's nuclear facilities????

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