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Started By
Message
Serious Damage Done to Precious Metal
Posted on 4/13/13 at 8:01 am
Posted on 4/13/13 at 8:01 am
Bull market hopes on Friday. I've been bullish for a while with thank goodness no position.
~70 dollar down days in gold aren't common in a bull market. Unless gold rebounds to the upside early next week the gold bull is over IMO.
~70 dollar down days in gold aren't common in a bull market. Unless gold rebounds to the upside early next week the gold bull is over IMO.
5
Posted on 4/13/13 at 9:00 am to LSU0358
Looks like doomsday will have to wait until next year.
Posted on 4/13/13 at 9:58 am to LSU0358
I just hope this is not a preview of a cyclical deflationary cycle.
Of course, wiki would love to have that happen. Just think of all the increased liberty all those bankruptcies would create!!!
Of course, wiki would love to have that happen. Just think of all the increased liberty all those bankruptcies would create!!!
Posted on 4/13/13 at 2:08 pm to LSU0358
quote:
~70 dollar down days in gold aren't common in a bull market. Unless gold rebounds to the upside early next week the gold bull is over IMO.
Technically gold just entered a bear market, so there's that...
Posted on 4/15/13 at 4:59 am to LSU0358
Gold down $115/oz & silver down $3.30oz (12%) this morning.
This post was edited on 4/15/13 at 5:02 am
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