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Pastimes : The Philosophical Porch
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To: westpacific who wrote (5115)12/4/2009 10:42:55 PM
From: Rarebird  Read Replies (1) of 26251
 
The POG plunged today because speculators and hedge funds had to scramble to repay their U.S. dollar borrowings.

Great market to trade. Nice move in EUO

GLD is an excellent short above $116.

There's almost no respect for the ominous implications of the carry trade.

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