| Buy gold tomorrow at this $349 level is my advise!
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| Buy gold tomorrow at this $349 level is my advise!
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Yes, but with folks like Merrill Lynch suggesting 5% go into gold and silver bullion, that must be considered also.
"I do hope they are playing with risk capital and not their life savings"
Why absolutely. That's a given.
I wish I had extra risk funds now so I could swim with some of those sharks ....lol.
I'm with IncPen in #7: this is like swimming with sharks. The main thing that anyone should get from this article is that this is a market where the central banks of some pretty big countries are players. However much they have sold or swapped already, no one disputes that they still have many tons left. So that's who you're playing against when you go into this market: guys with literally tons of Other People's Money. They also have entire staffs of economists... forecasters... the best computer models money can buy. An individual investor is a bug in that environment; you could get squashed like a bug at any moment. Good luck to those who want to play this; I do hope they are playing with risk capital and not their life savings.