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I wonder if By Joe Deaux is John's brother......
1 posted on 11/28/2012 1:55:47 PM PST by BenLurkin
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To: BenLurkin

I thought gold was supposed to rise on economic concerns.


2 posted on 11/28/2012 2:02:54 PM PST by Pearls Before Swine
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To: BenLurkin

Nov. 27 Comex December gold options expiry
Nov. 27 Comex December silver options expiry
Nov. 27 Comex December copper options expiry
Nov. 28 Comex December miNY gold futures last trading day
Nov. 28 Comex November copper futures last trading day
Nov. 28 Comex December E-mini copper futures last trading day
Nov. 28 Comex December miNY silver futures last trading day
Nov. 30 Comex December gold futures first notice day
Nov. 30 Comex December silver futures first notice day
Nov. 30 Comex December copper futures first notice day
Nov. 30 Nymex December palladium futures first notice day


3 posted on 11/28/2012 2:03:20 PM PST by onyx (FREE REPUBLIC IS HERE TO STAY! DONATE MONTHLY! IF YOU WANT ON SARAH PALIN''S PING LIST, LET ME KNOW)
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To: BenLurkin
Gold has been tracking the stock market for quite a while, now.

I am not so sure about gold as a SHTF plan.

5 posted on 11/28/2012 2:07:51 PM PST by E. Pluribus Unum (Labor unions are the Communist Party of the USA.)
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To: BenLurkin
Gold has been tracking the stock market for quite a while, now.

I am not so sure about gold as a SHTF plan.

6 posted on 11/28/2012 2:08:07 PM PST by E. Pluribus Unum (Labor unions are the Communist Party of the USA.)
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To: BenLurkin
Gold has been tracking the stock market for quite a while, now.

I am not so sure about gold as a SHTF plan.

7 posted on 11/28/2012 2:08:25 PM PST by E. Pluribus Unum (Labor unions are the Communist Party of the USA.)
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To: BenLurkin

10 posted on 11/28/2012 2:14:45 PM PST by JoeProBono (A closed mouth gathers no feet - Mater tua caligas exercitus gerit ;-{)
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To: BenLurkin

Actually, spot gold was knocked down $20 at the NY open, and dropped further, but then recovered most of it as the day wore on. Silver, platinum, and palladium followed, but recovered by the close. And gold STOCKS ended the day slightly up.

This was a big worry day, with all the metals options expiring. It looked like the dealers probably knocked down the price to get a better deal on the options they were holding.

Also, the Fed beige book was today, and people would have approached the announcement with caution.

On the whole, it was not a bad day for the precious metals.


11 posted on 11/28/2012 2:22:41 PM PST by Cicero (Marcus Tullius)
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To: BenLurkin

I would hadly call a $23 dollar (1%) drop “sinking”

BTW, Gold is still up 3% since Nov 1st and 11% from the Jan 1st


12 posted on 11/28/2012 2:23:05 PM PST by qam1 (There's been a huge party. All plates and the bottles are empty, all that's left is the bill to pay)
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To: BenLurkin

14 posted on 11/28/2012 3:15:33 PM PST by Adams (Fight on!)
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