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

To: SliderOnTheBlack who wrote (18482)	9/3/2009 10:23:36 AM
From: SliderOnTheBlack	5 Recommendations Read Replies (1) \| Respond to of 50398

Silver leading & CDE credit upgrade coming? I still believe $16 silver will trigger a credit upgrade for CDE & pop it to $20. We just need to get there... Message 25842279 Message #18482 from SliderOnTheBlack at 8/6/2009 9:42:37 AM Silver still leading... CDE now up nearly 70% in less than a month, off it's June/July $10 double bottom Looks like someone is anticipating a credit upgrade. ------------- HL should have done a reverse split too, as many institutions can not own sub $5 stocks and for individual investors at $2-$3 it's been an unmarginable stock. Soon, hopefully that will be a moot point. High cost/high debt producers should get the most lift here as they're most leveraged to POG/POS. SOTB PS: Don't be afraid of buying some paper/GLD puts, as insurance on your physical as we march higher. Lots of lift here from China promoting the buying of gold and silver on TV ads to it's citizenry... along with a some major media props to gold, and a big push from the Zeigarnik effect of the usual suspects. Give 'em a loose leash here and let 'em run, but keep raising stops and above all remember, there must alway be a "story" and a new "herd" in order to sell high. Lots of stories, rumor, and innuendo pushing gold, and history has been very consistent on how that's played out. Personally, I'd like to see better confirmation of this run with a much weaker dollar than what we're seeing. Also, Volcker & Summers haven't gone away, and they are neither deaf, nor dumb to golds move here. The story is that the deal China cut with the Fed is that Bernanke must stop monetizing Treasuries. And that monetization has been THE major driver for higher gold. If the Fed stops buying it's own Treasuries, and let's the market naturally raise rates to compensate risk...that becomes part of the Fed's exit strategy, and could set up gold's correction. Remember, when the trade seems too easy - it usually is. Scale out of euphoria just as you would scale into fear.