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Strategies & Market Trends : 2026 TeoTwawKi ... 2032 Darkest Interregnum
GLD 374.33+0.7%4:00 PM EST

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To: carranza2 who wrote (77284)8/4/2011 6:01:08 PM
From: Maurice Winn1 Recommendation  Read Replies (1) of 217848
 
Somebody should short gold. If nobody else will, I suppose I will have to do it. Noblesse oblige. Only down 1.5% so far. That leaves a bit of room to the smoothed sooth line. TJ pointed out GLD being way up on QCOM over the last few days. That's good. It means more to fall. People are buying much more silicon and gallium, than gold despite them being not as good at conducting electricity as gold, but people seem to prefer that.

People now generally have two or three internet devices when out and about. Or 4. Kindle, iPad, iPhone and another cyberphone. They are not buying and carrying gold.

Mqurice
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