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Gold/Mining/Energy : Big Dog's Boom Boom Room -- Ignore unavailable to you. Want to Upgrade?

To: carranza2 who wrote (111513)10/10/2008 8:47:39 AM
From: WalterWhite  Respond to of 206338
 
Perhaps the POG is no longer the canary we once thought it was. We call it a currency, but it doesn't seem to be a back stop anymore. If it was, the price might be multiples higher.

In my own confused chicken sh*t way, i have opted to play silver as my insurance policy. Both precious and of industrial/commercial use. Seems to be in short supply as well.

Will today be the final purging? Dax down 9%, stomach ulcers maxed out.
Globe



To: carranza2 who wrote (111513)10/10/2008 10:02:07 AM
From: The Reaper  Read Replies (1) | Respond to of 206338
 
In a deflationary environment, ALL assets go down in price. I don't think gold is going to comply with what all the goldbugs are saying.


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