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Strategies & Market Trends : Buy and Sell Signals, and Other Market Perspectives -- Ignore unavailable to you. Want to Upgrade?


To: GROUND ZERO™ who wrote (952)2/25/2010 12:06:08 PM
From: giddy guru1 Recommendation  Read Replies (1) | Respond to of 219434
 
No trust on any country or market. Gold is the last refuge though its measured in $.
/gg



To: GROUND ZERO™ who wrote (952)2/25/2010 12:34:26 PM
From: Jay  Read Replies (1) | Respond to of 219434
 
China has confirmed the intention to purchase 191.3 tons of gold from the International Monetary Fund at an open auction, Finmarket news agency said.

english.pravda.ru



To: GROUND ZERO™ who wrote (952)2/25/2010 1:41:53 PM
From: rubbersoul  Read Replies (2) | Respond to of 219434
 
<why is gold holding its own today, any ideas?>

$32 billion 7-year note auction was set for today. They sold a record 128 billion in treasuries this week with today being the last day. They usually smack gold during these sales. I think today's auction ended at noon. <FWIW>

Also the China IMF gold news:

english.pravda.ru