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Gold/Mining/Energy : Big Dog's Boom Boom Room
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To: Jacob Snyder who wrote (156606)9/13/2011 11:19:38 PM
From: ChanceIs  Read Replies (1) of 206085
 
>>>we should have seen a fall in margins, before the market fell<<<

Yes. Yes. What you say is true. But we are outside of the envelope because that pointy-headed, prick from Princeton has prodigiously printed pecumium.

Also note that that which lead to that profit margin growth are a tools out of the bag which can't be used again - layoffs, lowered fuel prices ($35 crude), dropping interest rates (can't go lower - all demand which can be pulled forward has been).
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