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


To: TH who wrote (13293)10/22/2008 3:53:21 PM
From: Secret_Agent_Man  Read Replies (1) | Respond to of 71456
 
I'm not selling what I have took a bit off in the 970-920 area and lastly in the 870 area out of necessity at those times not now, I too have a line in the sand but for me it's a reaccumulation line finances permitting- what I really dont like is the retail premium is nowhere near this paper electronic price and that sucks bigtime



To: TH who wrote (13293)10/22/2008 3:59:32 PM
From: Slumdog  Read Replies (1) | Respond to of 71456
 
What about some forced selling of Gold by central banks?



To: TH who wrote (13293)10/22/2008 8:48:21 PM
From: Robin Plunder  Read Replies (1) | Respond to of 71456
 
"D Taylor,

Have not sold yet. It takes some time to get my physical and make arrangements.

Maybe something will change before then, but unlikely.

This is nothing more than central banks stopping people from <developing> a preference for something other than their paper.

GT
TH"

This looks like a seething, volatile mess to me..the minute you go into dollars, you risk getting hammered by inflation...Harry Schulz recommends balance, half in short term treasuries, half in gold...if you jump from one side of boat to other, you risk being on wrong side at wrong time..seems like treasuries and gold cannot both go down over time, one of them has to go up...or at least maintain value.

Robin