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To: superloser

Right. It’s quite a story how gold down $40 translates to massive profits.


9 posted on 01/17/2008 12:27:28 PM PST by RightWhale (Dean Koonz is good, but my favorite authors are Dun and Bradstreet)
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To: RightWhale
It’s quite a story how gold down $40 translates to massive profits.

$300 to $800/900 is still quite a profit. The intraday moves are relatively irrelevant. Its the longer-term trend that makes the money, not the day-trading.

The DOW hasn't tripled in the last 6 years. Gold has. At some point, even the Bugs will cash out, but that isn't likely to be for a while.

10 posted on 01/17/2008 2:46:22 PM PST by superloser
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