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Re: jbog post# 4877

Tuesday, 08/09/2011 11:40:16 AM

Tuesday, August 09, 2011 11:40:16 AM

Post# of 20689
I have to come in on jbog's corner.

If a person is not a risk taker as he admits himself to be and he is willing to pay a premium for the general uncertainty to lessen, then the logical rational thing is to wait.

If the end is a pps of at least twice t he current value, what's a couple of bucks for insurance ?

Beside mnta price has been acting like crap. I am no believer in conspiracy and I do firmly believe in the short term pps is strictly set at the margin by retailers' action.