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Strategies & Market Trends : 2026 TeoTwawKi ... 2032 Darkest Interregnum
GLD 382.87-0.8%Nov 13 4:00 PM EST

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To: TobagoJack who wrote (58929)12/14/2009 6:13:24 PM
From: Webster Groves  Read Replies (1) of 217752
 
<<I'm also preparing a special report on gold. You will see that -- in the middle of this huge drive to manipulate gold -- demand for the yellow metal has not risen. In fact, it is plunging. Goldmines that normally sell their production forward in anticipation of higher prices in the future. Guess what they have pulled all their hedges. Meaning the producers think the price is so high they are selling all they can as fast as they can into the market. And you should to! Gold sales are down 30% year over year, falling even further. I've never heard so much b.s. about a market that, in 18 months, only managed to go up 10%.>>

I sure this commentary warms your heart and brandy.

wg
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