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To: rubbersoul who wrote (403621)4/29/2010 2:51:00 AM
From: Real Man  Respond to of 436258
 
I don't know. Gold market is overdue for manic phase, IMHO,
but I am not an oracle. I know GLD is the bigest position
of George Soros' Quant fund. He claimed gold is a bubble in
Davos, as usual, to buy it cheaper. When the Fed triples
monetary base overnight, it's not insane to buy gold. I
have to say I don't understand bearish arguments against
that market at the moment, so I am just holdin'. Euro being
trash due to PIIGS blowing up should boost the gold market,
rather than trash it. I'm not a gold bug, but a gold bull. -g-