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Strategies & Market Trends : The Epic American Credit and Bond Bubble Laboratory -- Ignore unavailable to you. Want to Upgrade?

To: TH who wrote (105145)9/16/2009 7:55:22 AM
From: Box-By-The-Riviera™1 Recommendation  Read Replies (1) | Respond to of 110194
 
not sure that is true in this instance.

morons have been selling their jewelry for months and months, and now coin owners are selling as well.

that's bullish in my mind. and also, the act of physically selling one's gold is completely different than gold equities... a false sense of the direction, and not realizing there's another leg up in the journey, or even several legs.

but that's fine. its good to see it. and the sellers' remorse to follow, and the buying at higher prices.

the pee pole have been selling sir. when the pee pole start buying it all back will be a time to worry about direction, seems to me.



To: TH who wrote (105145)9/16/2009 12:19:16 PM
From: benwood  Read Replies (1) | Respond to of 110194
 
As I recall, there were widespread gold bullion inventory shortages all across America just over a year ago, and that turned out to be a rather stinky red herring.


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