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Gold/Mining/Energy : Blue Chip Gold Stocks HM, NEM, ASA, ABX, PDG

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To: Wade who wrote (22867)10/15/2010 9:28:18 AM
From: Scoobah  Read Replies (2) of 48092
 
Did you say sell?

Well, after the close yesterday, I did take the rest of my horde to the local dealer, and received $23.50 per ounce,

he cringed as he added it all up, stating, this is the most he has paid for silver since the Hunt brothers,

he also said he believes gold is headed for $1500, but he doesnt have faith in the silver, and expects to lose money on my sale,

I dont necessarily agree, but he also said Soros bought $30 million in GLD the day it started to correct, and that was why the rally reignited,

not sure he is right there, but he does expect a bone chilling selloff from $1,500

thought you bulls would like that
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