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Gold/Mining/Energy : Blue Chip Gold Stocks HM, NEM, ASA, ABX, PDG -- Ignore unavailable to you. Want to Upgrade?


To: Wade who wrote (44795)6/20/2013 3:22:01 PM
From: rubbersoul  Read Replies (1) | Respond to of 48092
 
It's the tapering jabber but more importantly, China. If their market tanks tonight tomorrow will be another ugly one. 100% cash. Took it on the chin with some general market stocks but not as bad as it could've have been with miners. Looking for lower.



To: Wade who wrote (44795)6/20/2013 3:25:23 PM
From: Frank Pembleton  Read Replies (1) | Respond to of 48092
 
"may lose control," no they won't, they haven't yet. If anything, we're going down, until we start going up again.

...and I don't believe big money has anywhere to go (Iceland?). Take for example, I'm up here in Alberta where we have the 3rd highest real-estate prices in the world. It occurred to me to cash out, but cash out to what? Gold? In a bank account? Didn't the government of Canada just write in a "bail-in" provision into the new budget?

That said, there's no where to hide. Money is power, you maintain power by keeping this monster alive, and that's in the Bible. I think somewhere in there, we all agree to take the chip in the right hand or on the forehead. That's how much we are all in denial.

Nope... this thing will go on for quite a ways.



To: Wade who wrote (44795)6/20/2013 3:33:35 PM
From: Jim McMannis  Respond to of 48092
 
Print to infinity for infinity was never realistic.



To: Wade who wrote (44795)6/21/2013 11:46:54 AM
From: Wade  Read Replies (2) | Respond to of 48092
 
TNX just broke out 2.50% yield.

Nah... it is still under control.

finance.yahoo.com



To: Wade who wrote (44795)6/21/2013 5:14:50 PM
From: SwampDogg  Respond to of 48092
 
Not much they can do except hope for bad data which they might just get or make up
Perhaps a surprisingly bad jobs report in july is in the cards
stay tuned