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Strategies & Market Trends : The Epic American Credit and Bond Bubble Laboratory

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To: Keith Feral who wrote (91268)2/5/2008 11:22:00 AM
From: TimbaBear  Read Replies (1) of 110194
 
Your main point is that you are so complacent in gold that you don't want to take a profit.

Don't try to read my mind when you aren't even in touch with your own. My point is that you don't know what you're talking about, and I think I made that quite clearly.

Regarding gold.....I have very nice profits since my entries in 2003 and 2004. I've ridden out many sudden spikes down and up. The nature of the precious metals beast is a very volatile one. I'm not getting out now because I'm not a trader and the underlying reasons I got in have strengthened about in line with what I projected.

Since you apparently allow no reasoning to interfere with your preconceived notions, all I'll offer up is two charts, both 6 year charts. One is of the US dollar index, the other of the gold index. I'll have to leave you to your own conclusions as there is no way you'll allow fresh air into that closed mind. However, I will ask one question: "What has changed?"

stockcharts.com

stockcharts.com
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