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Strategies & Market Trends : Waiting for the big Kahuna -- Ignore unavailable to you. Want to Upgrade?


To: Real Man who wrote (91579)11/25/2009 8:22:13 AM
From: Terry Whitman  Read Replies (1) | Respond to of 94695
 
I'll def-netly be a buyer at $50. Actually, I'll be a buyer well above that, like 8 or 10x $50. The dollar is
getting reamed again this morning, should be good 4 all da commodities, bad for cash.

Looking at some of the recent previous levels of bubble pressure, I believe $1250 would be a good target,
but it could go as high as $1500 before collapse- and it could collapse at any time, with a nasty Prick. -g-

Those Central Banks are real smart folks, now. But, weren't they selling gold like crazy at $300/oz a few years ago. Guess they want to stockpile some $1100 gold,
so they can sell it again after it gets cut in half. -g-

Happy Turkey Day 2 you and yours, Vi.



To: Real Man who wrote (91579)11/25/2009 9:26:12 AM
From: fred woodall  Read Replies (2) | Respond to of 94695
 
Tweedle dee Bernake will probably go to -.5 rates soon even with indisputable signs of inflation. Gold futures contract Feb. peaked at 1,184.70 a record for Comex most active contract.

Goldessential.com says they are seeing continued speculative demand for the metal as a hedge against inflation expectations.


Another factor reports India may buy more from the IMF and China is rumored to be buying also. Same rumor the central banks are buying.

Go Bernake go!!!