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To: Condor who wrote (34373)2/27/2007 11:00:47 PM
From: heinz44  Respond to of 78419
 
I didn't realize we were playing the dow!!...its still what I said on the 24th Relax

One thing our gang needs to keep in mind. One of the FIVE FUNDAMENTAL GOLDEN PILLARS is now falling firmly into place – for the first time in some time we are seeing REAL FEAR out there in the general public when it comes to this overpriced equity market. Complacency has given way to panic and that is gold bullish.

Gold is going to assume its historic role as the ultimate safe haven play and will be the beneficiary of all this fear. This short term lemming-like, blind panic in gold, is not going to last long at all. Money will also flow into bonds but foreigners watching the dollar drop off the cliff are going to think twice about the so-called “relative safety” of the US bond market.

Traders who are aggressive take note.

Best wishes from your pal,
Dan