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To: Cringing Negativism Network

hmm I thought gold would hold up as a hedge against my stocks/bonds. Deflation?


5 posted on 10/16/2014 6:51:20 AM PDT by Dick Vomer (2 Timothy 4:7 deo duce ferro comitante)
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To: Dick Vomer

Stocks are improving (wondering however, whether the market is being manipulated at the moment) Gold and Silver are also still down.

Ebola is still not really in the calculations, in my opinion. Mostly.


6 posted on 10/16/2014 6:55:05 AM PDT by Cringing Negativism Network (http://www.census.gov/foreign-trade/balance/c5700.html#2013)
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To: Dick Vomer

The old story when they were much higher than they are now is that “people are selling their winners” to make margin calls. Maybe that was true then; gold would typically lose at least a couple of percent and silver would lose double that.

I see today that gold is $1242 which is in fact more or less the high for the past four weeks. That has never been the case in previous collapses in the stock markets.


13 posted on 10/16/2014 7:37:14 AM PDT by jiggyboy
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