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Rubicon Minerals Corporation Message Board

  • brown.tim47 brown.tim47 Oct 31, 2013 7:56 AM Flag

    FOMC "Statement Dovish But Gold Backs Down On Profit-Taking Since Outcome Expected - Kitco News, Oct 30 2013"

    The excuses and reasoning for golds poor perfomance become more pathetic as the months go by. Now gold is down because further QE was expected?

    SortNewest  |  Oldest  |  Most Replied Expand all replies
    • When in reality gold is in a bear market and has been for over 2 years will continue for some time to come. It could be in this bear market for another 15 years or longer. I think this kind of gold market was to be expected. Maybe someday the excess gold on the market will be bought and this downward trend can reverse a little.

    • Here's another good one:

      PRECIOUS-Gold eases despite Fed as investors take profits - Reuters, Oct 31 2013 7:23AM

      Investors take profits? I guess the new definition of "investor" includes anyone who moves in and out of the markets in a week or less. A short time back those individuals would have been considered "traders".

 
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