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


To: 2MAR$ who wrote (86604)1/29/2012 8:26:23 PM
From: Giordano Bruno1 Recommendation  Read Replies (1) | Respond to of 217984
 
In a remark suggesting Iran would fight sanctions with sanctions, Iran's oil minister said the Islamic state would soon stop exporting crude to "some" countries.

reuters.com



To: 2MAR$ who wrote (86604)1/29/2012 8:28:43 PM
From: Maurice Winn1 Recommendation  Read Replies (2) | Respond to of 217984
 
It looks as though the September 2009 bottom was a dead cat bounce. The subsequent recovery has now gone splat. I said to a sales manager a couple of decades ago in regard to a particular very large lubricant account being down that "It's fluctuations". He said perhaps so but "We'll all be flucted if it carries on". It struck me then as quite amusing.

Looking closely at that longer Baltic Dry Index chart, it does indeed look as though they are flucted. So will the gold bugs be. I am not adjusting my 31 Dec 2012 sooth for gold so its going to be a long grinding year for the gold bugs - who claim to want only safety, not get rich quick. They should be very pleased to be "safe".

Mqurice.