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GOLD could fall fast -10%

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-=DirtBag©

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Nov 19, 2009, 6:31:34 PM11/19/09
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If there is any support for the dollar and I believe there is because
there is so many greenbacks sitting in foreign governments vaults. They
don't necessarily like it but they are not going to undermine those
funds without making something so watch the snap-back.

Seems like a poor time to open a gold position.

Gold will trade at 1000 again soon.

shortT

unread,
Nov 19, 2009, 6:41:00 PM11/19/09
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I hope you are right. It will give me the opportunity to purchase
more.

shortT

Tony

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Nov 20, 2009, 5:02:14 AM11/20/09
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The idea was to have bought it at 200 bucks back in 2001. There's resistance
at the 850 level which maybe a short term buying opportunity then at 500 which
would be long term resistance. Silver could fall from 18 to 12 very fast.

shortT wrote:

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Regards Tony... Making usenet better for everyone everyday


shortT

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Nov 20, 2009, 6:38:25 PM11/20/09
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Thanks.
I will keep that in mind.

shortT

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