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

To: Veteran98 who wrote (208229)12/22/2011 1:43:34 PM
From: Canuck Dave  Respond to of 312759
 
Well, it's an ill wind that doesn't blow somebody good. I'm still 60% cash and my only holdings of size are NPK and CKG.

So the lower they go, the more I'll eventually make.

But I know what you're saying. It's a larger statement than just trading profits.

CD



To: Veteran98 who wrote (208229)12/22/2011 2:01:22 PM
From: dara  Read Replies (3) | Respond to of 312759
 
How about tomorrow? Last day for tax loss selling in Canada.

I found Ross Clark's worst case scenario in his last presentation quite depressing. A correction of 50% from the high of POG $1900. I'm with Egon von Greyerz that we are at or near the lows with a possibility of POG dipping into the 1400s. It's just the gold shares are acting so badly and that usually doesn't indicate gold's going up near term.


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