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Strategies & Market Trends : The Residential Real Estate Crash Index -- Ignore unavailable to you. Want to Upgrade?


To: orkrious who wrote (257993)7/1/2010 2:13:12 PM
From: THRead Replies (1) | Respond to of 306849
 
ork,

I agree, but we are being logical <g>

And expecting reason from this market is expecting too much.

The huge commercials will cover some, but the positions are large. I'm sure the Fed wants gold down so the next QE does not propel it to 1500 in a heartbeat.

So, even with the boyz against us, I'm not too concerned about bullion, but I never am. The miners are more tricky, of course. The paradox is that a strong dollar will sell the market and the question is if (at least initially) do miners follow the market or bullion?

In the meantime, we wait for the games to be played out. No problem. Gold will win eventually.

GT
TH



To: orkrious who wrote (257993)7/1/2010 2:46:07 PM
From: patron_anejo_por_favorRespond to of 306849
 
NGD needs to hold 5.50 on the longer term views. I'll hold what I've got for that, probably add if we get a bounce there:




To: orkrious who wrote (257993)7/1/2010 2:59:10 PM
From: DebtBombRespond to of 306849
 
GLD volume is light....I'm calling BS on the whole move...by the banksters who are short.
If the volume was big, like 85 million shares, like back in Dec. I would think we might get a bigger swoon.
Agree, gold should be up $35 today. ;-)



To: orkrious who wrote (257993)7/2/2010 12:17:34 AM
From: gregor_usRead Replies (4) | Respond to of 306849
 
Gold is Way Under-owned Compared to Other Times When the World Sucked:

paul.kedrosky.com