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Strategies & Market Trends : 2026 TeoTwawKi ... 2032 Darkest Interregnum -- Ignore unavailable to you. Want to Upgrade?


To: TobagoJack who wrote (81110)10/9/2011 10:10:05 PM
From: carranza2  Respond to of 217542
 
there will be lots of euro printing, sending the usd higher and gold down, probably, and flite to usd safety, too, if the ez does nothing and contagion occurs. none good for gold, in short term.

but not forever.



To: TobagoJack who wrote (81110)10/10/2011 7:56:37 AM
From: bart13  Read Replies (1) | Respond to of 217542
 
In Rukeyser elves mode, 61.8% retrace of the total move since ~$252 is $1285... 50% is about $1087, one of Sinclair's "angels"... and who knows.
I'm still hedged.



To: TobagoJack who wrote (81110)10/10/2011 9:55:09 AM
From: carranza2  Read Replies (1) | Respond to of 217542
 
Ok, got a thought re naming: the unoccupied movement.

A bit of a pun, because occupied in Spanish has an alternate meaning: employed.



To: TobagoJack who wrote (81110)10/10/2011 3:08:23 PM
From: average joe  Read Replies (1) | Respond to of 217542
 
Sell gold now and see it later lower.

Put you money into a gold stock that might outperform the actual commodity.

ABX - Barrick

G - Goldcorp

K - Kinross

To be loyal to Au is not wise.

webelements.com