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Pastimes : Stock-Picking Challenge -- Ignore unavailable to you. Want to Upgrade?


To: IngotWeTrust who wrote (1543)2/2/2001 5:05:01 PM
From: Clappy  Read Replies (1) | Respond to of 2402
 
You certainly live up to your name! I learned a lot from that last post.
I really appreciate you taking the time to explain the big picture to me. I had no idea that it was being artificially held down at these levels. I assumed the price of gold was down simply because of the past strength of the stock markets and dollar.
Over the past few months I've been reading more and more about this sector and see that the Commitment of Trader's reports have shown the commercial traders loading up on it recently.
I figured I would park some money in this sector until we find out whether or not we see a recession. The other half may play the techs as we wait for a recovery. Besides, they say not to fight the Fed...
Are you trading this market or making commitments to LTB&H now that the Naz has tumbled so far down?
I have plenty of other gold related questions but perhaps I should save them for the Gold Price Monitor Thread or some other appropriate place...

Always appreciative of your opinion,

-Clappy