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Politics : Welcome to Slider's Dugout -- Ignore unavailable to you. Want to Upgrade?


To: SliderOnTheBlack who wrote (13221)11/6/2008 5:18:41 PM
From: re33 Recommendations  Read Replies (1) | Respond to of 50474
 
ca$h or gold ?
my apologies if this has already been posted:
321gold.com



To: SliderOnTheBlack who wrote (13221)11/6/2008 6:13:10 PM
From: NOW  Respond to of 50474
 
hui 9% single digit; buying on the close



To: SliderOnTheBlack who wrote (13221)11/6/2008 7:50:54 PM
From: Sunny Jim  Read Replies (1) | Respond to of 50474
 
<<I am NOT discounting the possibility that this reflation effort fails,and that the global economy falls into the mother of all negative feedback loops... and that gold and gold stocks get taken down along with everything else on the way down to DOW 5,000.>>

Slider, I think you just broke the code. My take on the gold stocks today and yesterday is that they are just being stocks, and short term they often just follow the market. They have a high beta (don't hear that term much anymore) so they often do a lot more than the market, both on the upside and the downside. When this "correction" appears to bottom out, it'll be time to jump in the golds with vigor.



To: SliderOnTheBlack who wrote (13221)11/6/2008 9:32:21 PM
From: TH5 Recommendations  Respond to of 50474
 
Slider,

Great post, but it is only one of many from you over the past few months.

I appreciate your insight.

GT
TH



To: SliderOnTheBlack who wrote (13221)11/7/2008 7:05:30 AM
From: THE ANT2 Recommendations  Respond to of 50474
 
Pelosi is making a big mistake.They should let the market go down in a ball of flames now before Obama gets in so that the only way is up and it can be blamed on Bush.If they are not careful and we get a big U or L rather than a deep V this will still be going on four years from now.You can not create wealth from thin air.I watched the Brazilians try for years.They may need to put Volker into deep freeze so they can use him in years 3 and 4 if they manage to reflate.Still that will not help wealth as only easy credit does that and inflation does not equal easy credit