You've Got To Be Kidding Me

A discussion on gold, silver, and the markets.

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Location: Freehold, NJ, United States

Married with two children and one toy poodle which was not my first choice but I like her anyway. Been on the Street since 1989, mostly as a retail broker.

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Friday, February 15, 2008

A question for y'all........

Now before you answer think about the question.

I am going back forth with a friend about who is in control of the gold market, the bears or the bulls. He says that because we are at $900, the bulls. I say, that $900 in unadjusted inflation terms is a joke. I then listed all the reasons as to why I think the bears are in control"

1. Days/weeks like this where gold can't do anything vs. the fundies.

2. Horrible gold stock action

3. Typical and predictable daily trading patterns of gold


You know what I am talking about.

Under the comment section, please let me know what you think.


Thanks!

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