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Strategies & Market Trends : Booms, Busts, and Recoveries -- Ignore unavailable to you. Want to Upgrade?


To: marcos who wrote (71724)12/15/2009 4:06:48 AM
From: Gib Bogle  Read Replies (2) | Respond to of 74559
 
"hard to let completely twisted propaganda just lie there stinking"

My sentiments exactly, Marcos.



To: marcos who wrote (71724)12/15/2009 4:10:52 AM
From: Snowshoe  Respond to of 74559
 
>>could test 1000 yes, could test lower without breaking long-term trend, but it's not a lock imho that gold needs to tank much at all<<

On the 10-year POG chart, the big run-ups of recent years are followed by consolidations of 18 months or so. If that repeats then gold will be stuck in the 850-1200 range for quite a while. Maybe we'll see GDXJ hit 17.50 on a bad day. I'm kicking myself for not dumping the last of my GLD at POG 1,200.

The whole Israel/Palestine thing gives me a big headache. I imagine that if I was a young person in that region I'd be scheming to move elsewhere.



To: marcos who wrote (71724)12/16/2009 6:06:29 AM
From: Snowshoe  Read Replies (1) | Respond to of 74559
 
Ucore Uranium (UCU.V/UURAF): Believe I mentioned this one to you earlier. It's a Southeast Alaska property with historic uranium mining plus a new focus on rare earth elements. Don't follow it closely, just speculating that it will get pumped again on REE euphoria. Made a nice percentage gain buying that spike last August and selling a few weeks later. Eased back in on Tuesday thinking it will now surf the 200-day MA, but I could be way too early.