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Strategies & Market Trends : The Residential Real Estate Crash Index

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To: Real Man who wrote (290479)11/10/2010 10:27:42 AM
From: THRead Replies (1) of 306849
 
RM,

Agree. This is just a short term hedge. My physical isn't going anywhere.

I just got a hunch that the POMO schedule might be a little light and for whatever reason, today they have "noticed" the Euro problem. The Euro problem, as you know, has been getting worse for months, so when there is mainstream note of it, it tells me a short term trend change may be upon us.

My thinking was that the criminals would want to shake the bulls in front of the new POMO. I expect the down to last for a week or two at most. December will set up another general rally and that will include some dollar weakness, thus propelling the gold bull.

We have a long way to go for gold and silver, but short term, my gut tells me the criminals want to cover a bit and load up for the next leg up.

All subject to change by 2 pm today when the new schedule is released <g>

GT
TH
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