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Strategies & Market Trends : Ride the Tiger with CD -- Ignore unavailable to you. Want to Upgrade?

To: dara who wrote (202713)	8/19/2011 2:25:41 PM
From: Canuck Dave	Read Replies (1) \| Respond to of 313013

Well, you never know which one to load up on for the next three years. EAS looked very promising back then. Have never followed NGD really seriously. CD

To: dara who wrote (202713)	8/19/2011 2:30:37 PM
From: Veteran98	Respond to of 313013

EAS .... buy them when they cry sure hasn't been working on this one..... The crying you hear is me cutting my fingers on the falling knife.... bought some more at the lows today.... OUCH !!!! I have played a lot of knife catches and in the vast majority of cases patience pays off and there is significant bounce at some point. Nada for EAS and I'm starting to wonder if there is more amiss that us peasants aren't privy to....

To: dara who wrote (202713)	8/19/2011 3:23:26 PM
From: ceejayt	1 Recommendation Read Replies (1) \| Respond to of 313013

tfmetalsreport.com Lastly, both silver and gold have moved into significant backwardation this morning. This is an extremely significant development and, if it continues, is indicative of very tight, short-term supplies. A few loyal Turdites questioned the significance of the "Venezuelan Decision" when I posted the news Wednesday evening. Let me set this straight. It is extremely significant. Why? 1) The Venezuelan gold is on deposit at the Bank of England. 2) The Bank of England supplies the gold for the GLD. 3) I believe the GLD to be an empty, fraudulent shell game of fractional bullion banking. 4) It has been speculated that there might be only 1 ounce of gold for every 100 ounces of paper gold. 5) The withdrawal of 8% of GLD's gold from the BoE would cause a massive supply squeeze. 6) This massive supply squeeze would reveal itself by backwardation in the gold market. 7) See the paragraph above. 8) IF I'm right and GLD is exposed as the scam I believe it to be....well, let's just say that gold is going a little bit higher from here. 9) Money flows out of GLD and back into the rightful place...the miners. That's it for now. Equities are rallying and the PMs are falling as I type. This is not a surprise nor is it unexpected. The prices as of 10:20 a.m. are of no consequence. Let's see where we are at 1:30 and 4:00. TF Enjoy, CJ