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Re: Montanore post# 102

Wednesday, 08/24/2011 1:58:27 PM

Wednesday, August 24, 2011 1:58:27 PM

Post# of 192
Gold was up $200 in just the last 10 days before the selloff started. It went too far too fast, even gold bulls were calling for a correction at about $1800. There are more institutional players involved now which increases the volatility . Corrections usually are quicker with more velocity - although the duration should be short. Nothing fundamental has changed as far as i see. But i do understand it can feel pretty scary.
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