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Strategies & Market Trends : The coming US dollar crisis

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To: Gary Mohilner who wrote (2950)12/14/2007 8:08:07 AM
From: Real Man  Read Replies (1) of 71463
 
Well, it appears USD is moving up, and gold is selling off.
I'm putting some hedges on in my trading account against my
investments, which are physical PMs. I guess I was a bit
too early buying the dip, and we may have a bigger dip
with the spec position in gold remaining near past extremes.
In particular, with some gold options contracts.
So, trying to take advantage of this dollar rally to get more
gold through the hedges -g- Da Fed provides subsidies
for gold purchases at times. -g-
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