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Gold drop hammers commodity producers ~~ gold off more than $90 an ounce over two days,....
MarketWatch ^
| March 20, 2008 11:04 a.m. EDT
| Steve Goldstein, MarketWatch
Posted on 03/20/2008 9:36:43 AM PDT by Ernest_at_the_Beach
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To: LurkingSince'98
Ouch. Gold down over 10% since Monday. Silver down about 20%. How many ounces of gold did you have again?
41
posted on
03/20/2008 12:28:00 PM PDT
by
Toddsterpatriot
(NAFTA opponents are an odd coalition of the no-deodorant Left and the toothless-and-tinfoil right.)
To: Ernest_at_the_Beach
I am reminded of my brother, several years ago, breathlessly urging me to buy krugerands when they were between $800 and $900. I waited until Eagles were going for $280. The last I bought were $320.
42
posted on
03/20/2008 12:43:35 PM PDT
by
Chuckster
(Neca eos omnes. Deus suos agnoset)
To: Toddsterpatriot; All
(Off topic) A number of people have recommended Jim Cramers 'book', but Goggle listed at least four. I'm not a player, but simply want to understand the whole market thing.
Suggestions?
43
posted on
03/20/2008 1:16:25 PM PDT
by
investigateworld
( Abortion stops a beating heart.)
To: investigateworld
I've never read any of his books. He's kind of a clown.
Groanup? Any ideas for my friend here?
44
posted on
03/20/2008 1:45:13 PM PDT
by
Toddsterpatriot
(NAFTA opponents are an odd coalition of the no-deodorant Left and the toothless-and-tinfoil right.)
To: B4Ranch
Like I said the other day...
As to whether this is just noise in a continuing bull market upleg or the beginning of a correction and long consolidation, I can't say. The latest upleg has been prodigious, so if the market consolidates, and then coils and twirls for a year before the next upleg, that's fine with me.
I have nothing to complain about.
45
posted on
03/20/2008 2:36:56 PM PDT
by
Publius
(A = A)
To: Toddsterpatriot
same amount as yesterday - but I'm buying.
Remember Toddster - buy LOW sell HIGH.
The high on silver will be $180.
Lurking’
PS you gotta be asking yourself: “why is this guy buying??”
Same reason I bought when silver was at $4.75/oz, 6.00, 6.25, 7.00, 7.50, a boatload at 8.00 and 10.00. Well you get the idea. It could drop $5.00 and I wouldn't even notice it because - I'm not selling.
46
posted on
03/20/2008 6:38:43 PM PDT
by
LurkingSince'98
(Catholics=John 6:53-58 Everyone else=John 6:60-66)
To: LurkingSince'98
same amount as yesterdayCome on, you can tell me.
Remember Toddster - buy LOW sell HIGH.
How much did you sell HIGH?
PS you gotta be asking yourself: why is this guy buying??
I'm still asking how much you bought.
Well you get the idea. It could drop $5.00 and I wouldn't even notice it because - I'm not selling.
I thought the idea was to sell HIGH?
47
posted on
03/20/2008 9:50:20 PM PDT
by
Toddsterpatriot
(NAFTA opponents are an odd coalition of the no-deodorant Left and the toothless-and-tinfoil right.)
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