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Re: lemmy post# 46048

Wednesday, 12/23/2009 12:24:50 AM

Wednesday, December 23, 2009 12:24:50 AM

Post# of 345995
Gold has topped out or just about. We had an internet bubble, real estate bubble, oil bubble, and now we will have a gold bubble. It always happens that way. When money moves into a market for so long then there is no longer any new money left to buy into the same market.

Then the pros who got it in early suck the gullible public to buy at the top. And that's when the pros who manipulated the price on the way up get out and even start selling short to the late comers, the suckers born every minute, the novices. And they do it while sleeping well at night. It's a testament to the kind of people they are. No scruples. Get rich at the expense of some gullible chaps.

You know there is a bubble when the general public is told to buy. Look at all the ads to buy gold. You have to wonder why. The pros are selling to them. They need buyers at the top.
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