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Politics : Welcome to Slider's Dugout

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To: SliderOnTheBlack who wrote (11292)8/26/2008 10:57:58 PM
From: 8bits  Read Replies (1) of 50106
 
Feeling Betrayed...?

No, most analysts talk their own book. Sometimes that book is in alignment with market forces, sometimes not. Caveat Emptor.
As with any position, one should not be married to ones stock, precious metals, or now unfortunately in the modern era, your house.

As for cheerleaders it should be pointed out that Jon Nadler who has a daily column on Kitco has been bearish/cautious on gold for at least 6 months.

kitco.com

Something to note also is that M2 has turned back up:

research.stlouisfed.org[1][id]=M2&s[1]=ch1

A very wise, and now retired gold dealer, Burt Blumert, who used to be in business with Ron Paul, described precious metals as being insurance. It's important to own but basically he advocated not making it your entire portfolio.

Sorry to hear you've been getting nasty emails and PMs. I don't always agree with you (but sometimes I do..) but I don't understand why people have to talk out their loses or angst against someone on the internet. (Unless you are secretly Ben Bernanke or Hank Paulson)
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