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noddyboy

Registered: Nov 2001
Posts: 722

11-07-09 04:28 AM

Is the most awesome combination!!!
Follow the trend.

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Petsamo

Registered: Apr 2009
Posts: 341

11-07-09 11:51 AM

I'll be selling my long stock positions next week. This is November. If I had gold, I'd be selling that too.

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noddyboy

Registered: Nov 2001
Posts: 722

11-07-09 11:41 PM

Quote from Petsamo:

I'll be selling my long stock positions next week. This is November. If I had gold, I'd be selling that too.

all the gold in the world can fit in a small building. And china wants to get out of dollars. Think about that. Sell dollars buy gold.

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Petsamo

Registered: Apr 2009
Posts: 341

11-08-09 12:15 AM

Anybody buying gold at 1100 is wacko! Volume is declining too, right?

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bridenour

Registered: Jan 2009
Posts: 88

11-08-09 12:23 AM

Dunno, gold might go to 1500.

Of course, it might not. I wouldn't buy it. But i also wouldn't short it.

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piezoe

Registered: Jan 2006
Posts: 2258

11-08-09 12:59 AM

Quote from noddyboy:

all the gold in the world can fit in a small building. And china wants to get out of dollars. Think about that. Sell dollars buy gold.

I don't know what China will do with their dollars, but if they have any sense at all they will use them to buy US assets, not gold.

I would be seller of gold right now, not a buyer.

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