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S&P 500
5,459.10
(
1.11%
)
US TECH 100
18,514.00
(
1.00%
)
Dow Jones
40,589.34
(
1.64%
)
Brent Oil
80.72
(
0.18%
)
Bitcoin
69,660.91
(
2.03%
)
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ahimsak

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ahimsak

Re: jumanji0881 post# 5830

Monday, 02/18/2013 2:16:49 PM

Monday, February 18, 2013 2:16:49 PM

Post# of 37920
I agree that when the market tanks, gold tanks too.

Of course, the one long position I have is in gold.

The above proves that doing the "safe" thing, which investing in gold a few months ago looked like, is always the wrong thing to do.

Eventually, gold will rally again, but 150 or even 120 on GLD is likely, and it could be soon. Remember, gold tanked in 2008 when the market tanked.
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