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Strategies & Market Trends : The coming US dollar crisis -- Ignore unavailable to you. Want to Upgrade?


To: TH who wrote (9952)8/7/2008 1:35:38 PM
From: Slumdog  Respond to of 71456
 
.........possibly the only reason that Gold shot up past 1000 the day the Bear Stearns news came out is that it caught >them< flat footed, and they did not have time to react. It took a few sessions to get a lid on the POG. Just my own very simpleton opinion.............



To: TH who wrote (9952)8/7/2008 1:55:02 PM
From: ItsAllCyclical  Read Replies (2) | Respond to of 71456
 
>> I know I sound like a tinfoil nutjob, but I firmly believe there is a very focused effort to prevent an advance in the POG. <<

The real question is does such a belief help or hurt you in your quest to make money?

Personally I don't think they care as much about gold vs oil and especially the Dollar. Gold is a by product at this pt. Not to say that they don't intervene from time to time, but don't believe it's as significant as most bugs believe.