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Re: muleofkintire post# 3804

Monday, 02/02/2009 7:01:39 PM

Monday, February 02, 2009 7:01:39 PM

Post# of 4229
>great posts

Maybe great for Canada?

How are you doing?

I'm still invested as a pretty solid bear despite all the talk of 'bad banks' and 'rescues'. I just can't bring myself to buy into any of that stuff.

You can't buy gold anywhere, yet the price is still relatively static. What's happening to the law of supply and demand here? Now, add to that the price of spot gold which is much higher than the so called 'market price'. Why the big difference?

I suspect another wave of bank failures is a matter of just a few months away regardless of the 'cures' being discussed. After that and towards the fall time frame I am thinking of some long leaps on gold and oil.

Take care.