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SPDR Gold Shares Message Board

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  • charlie.54321 charlie.54321 Oct 20, 2010 4:34 PM Flag

    "Dead cat" bounce, or the real thing?

    I think you are overestimating your gold market abilities.

    Honestly, everything you said was WRONG.

    Most of the bulls here knew this was just a short raid and gold would come back quickly.

    Listen to the bulls on this board, because that is what you do when you don't know what you are talking about. Listen to those who do.

    Gold is headed for 1650 and soon. That is the first target.

    Honestly, your gold logic sounds like you are around 8 years old.

    And I am being kind.

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    • I remember the crash of gold in 1980... but in an inflation/dollar respective... the price of gold is undervalued, as of today's value's... silver is even more undervalued, as a monetary and industrial metal... SVM is a dividend play on that... it sure beat's near 0% interest rate's on short term money... but then again I read that most folk's took out most of their money out of stock's and put them in bond's.... lately.. go figure. I guess folk's are still scared to invest.... of another 2008! Yikes!

 
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