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jumanji0881

09/23/13 7:26 PM

#11511 RE: ahimsak #11506

I agree. Gold is difficult to trade. Unlike, the financial stocks which have the Fed's support, gold is held down by the Fed and large banks to give an impression that the economy is doing well. And, if one were to believe Goldman's comments from last week (which I do not), they would have gotten whipsawed buy first predicting lower gold prices and then two days later predicting higher prices, and then finally seeing gold drop. Gold just don't get no respect these days, but that's fine with me since I just keep buying based on the macro picture of where the Fed's shenanigans is leading us and based on the ever increasing levels of debt. Neither of these is sustainable for much longer.