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Re: Buzz_stocks post# 9

Thursday, 10/07/2010 1:45:20 PM

Thursday, October 07, 2010 1:45:20 PM

Post# of 17
Well, lets just say, that the fellas who took gold down to 255 an ounce, have made an executive decision, to take it down to 650. Lets see if I have an in with them, or whether I am a gold basher.

Consider one thing. Gold can be manufactured(certain scientists proved this years back, from mercury). Secondly, gold detection devices have been around for over a decade, that are built into NASA satellites. There is tons and tons of gold in the ocean, deserts etc... way too much of it.

But like the oil myth(oil comes from poor old dinosaur fossils) to get gold to bubble, you have to sell the peak gold story. It worked, look where it is.

As a trader you have to be aware of all this.

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