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Re: downsideup post# 109699

Saturday, 10/15/2011 4:24:43 AM

Saturday, October 15, 2011 4:24:43 AM

Post# of 165854
Gold prices will, for the near term, flucuate with an upward bias. Why? It isn't just the Chinese that are anxious to purchase gold. There are millions of non-Chinese Asians that consider gold to be the only hedge against corrupt governments, endless paper currency, war and rumors of war, economic downturns and a host of other calamities.

Then there are the Indians, who are buying up gold and gold bangles at a frantic pace. They have no faith in the value of their countrys currency either.

In a few days we will learn a bit more about the future direction of SRSR. I believe there are rewards awaiting for those shareholders that view SRSR as a long-term investment. Expect the flippers and malcontents to post up a flurry of flapdoodle (with credit to Mark Twain for this delightful word).