I have about a 30% position in gold and silver right now, and last Friday night I put in an order for a bit more at Monday's opening. But I'm not a broker and I make no recommendations.
Posted on 10/24/2004 5:25:33 PM PDT by shrinkermd
The dollar is taking a beating in overseas trading. Rumor has it one or more Asian countries are in process of selling dollars and buying gold. The extraordinary number of commercial gold shorts must be the most alarmed of all.
That rat Soros.
Soros?
That should put the stock market in the toilet
tomorrow.
I never listen to anyone who even vaguely sounds like a "gold bug." But, if true, your post is somewhat scary.
Buying opportunity
Gold is at a juncture. Either gold and silver will break through resistance, or they'll pull back again. Something's got to give.
(Yes, I know, that's not very helpful.)
by 6 seconds. :)
Unnnngh. October Surprise here we come.
Did any selling of this nature occur immediately before 09/11?
Only the market can stop us b4 next tuesday
No problem. Just inch rates up a bit and that would stablize things.
Soros?
soros made much of his money by manipulating the british pound. the british gov't knew he what he was doing -- soros had found a legal loophole he was taking advantage of. the gov't apparently (stress this word) was afraid of a recession and caved. had they not caved, soros would have lost tons.
I have about a 30% position in gold and silver right now, and last Friday night I put in an order for a bit more at Monday's opening. But I'm not a broker and I make no recommendations.
I got news for 'em...it is going to be George W. Bush again!
either this is a play on a potential terror attack this week, or a further move by Soros to try and create a "black monday" scenario anmd crash the stock market before the election. I had posted about that a couple of weeks ago.
its going to be a very long week.
I bought an ounce of gold at $400 8 years ago, they guy at Blanchard said it's going up. Literally the next day it stared falling. WHat is gold at NOW?
i don't get too concerned about any investment moving by about 1% in any given day.
http://www.freerepublic.com/focus/f-news/1255514/posts
Central Bank stops supporting dollar
Russia Journal ^ | October 22, 2004
Posted on 10/24/2004 4:12:47 PM CDT by jb6
MOSCOW - The weighted average dollar exchange rate was 29 RUR/USD in the first 90 minutes of trade at a special session today. Thus, the official dollar rate for October 23-25 will decrease by RUR0.12. This is the most considerable one-day drop of the dollar against the ruble since late April. The low on the deals was even 28.95 RUR/USD at the UTS.
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