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Re: Underdog post# 224

Tuesday, 10/23/2012 1:22:30 PM

Tuesday, October 23, 2012 1:22:30 PM

Post# of 46750
You and me both!
I didn't expect it to drop.

I'm holding tight and have a few bucks to buy.

The American dollar has gone from it's lows in May to highs in July and made a low in September that led to the Gold price to rise.
This gave us a big bump up in the Gold miners, GDX.

Early October (about October 7th) Gold had a high of $1798 US.
Since then we had a drop to today's low of $1705.00.

My opinion?.......................

Yes, today is a good day to buy before Bernanke's and the Federal Reserve's commitment for QEIII.

It's a gamble. But That's my opinion.
I'll buy a little to accumulate.

“To be yourself in a world that is constantly trying to make
you something else is the greatest accomplishment.” ---Ralph
Waldo Emerson

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