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Gold/Mining/Energy : Gold & Gold Stock Analysis -- Ignore unavailable to you. Want to Upgrade?

To: orkrious who wrote (23061)	12/8/2010 9:19:42 AM
From: carranza2	Read Replies (1) \| Respond to of 29622

I see a bit of a downturn, not serious and probably not prolonged. Interest rate hikes always do that to gold, witness the measly Chinese hike of 10/19. it took 2% off in a day, with gold marching on later. US rates are now rising and the Chinese are set to hike over the weekend. Gold has had such a sensational run, it is due for a bit of a correction. I am really conflicted about selling a bit. I think I will take my own advice, and Livermore's, and be right and sit tight.