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To: NOW who wrote (26459)10/19/2011 6:43:56 PM
From: ecrire2 Recommendations   of 29401
 
Unlike you "youths" that senility has kept me out of mining stock trouble! I sold my AEM at 71.95 on 9/6/11.

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To: ecrire who wrote (26462)10/19/2011 6:46:55 PM
From: Sawdusty   of 29401
 
Do real world people ever experience a situation where after a correction, their holdings might retest recent lows, or is everything always straight up? You recommend bullion, but do you not see the possibility that it too must do a retest?

Just curious.

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To: Sawdusty who wrote (26466)10/19/2011 6:55:27 PM
From: ecrire   of 29401
 
I don't recommend buying bullion. In fact I posted that I bought GLL, a gold bear ETF.

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To: loantech who wrote (26438)10/19/2011 6:57:37 PM
From: AreWeThereYet   of 29401
 
I can tell you that what GST said is not entirely true.

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To: ecrire who wrote (26467)10/19/2011 6:58:48 PM
From: Sawdusty3 Recommendations   of 29401
 
I must have been confused by this:

"For the real world people, stay far away from those mining stocks. If you must play the long side stick to bullion or ETF."

Message 27713006

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To: Sawdusty who wrote (26469)10/19/2011 7:01:09 PM
From: Land Shark   of 29401
 
I think he means avoid overextending yourself with futures contracts.

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To: Land Shark who wrote (26470)10/19/2011 7:05:21 PM
From: Sawdusty   of 29401
 
Maybe, but I sure didn't get that from his message, but then again, I may have to brush up on my reading skills. (g)

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To: Sawdusty who wrote (26469)10/19/2011 7:08:34 PM
From: ecrire   of 29401
 
Sorry for the confusion. I just meant that the diehards view a gold decline as "on sale", at least stick to the real thing and not the mining stocks.
I certainly am not buying either one here. We'll see how the short GLL works out.

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To: Sawdusty who wrote (26469)10/19/2011 7:24:53 PM
From: Tommaso   of 29401
 
Can't you see how simple it all is?


" If you must play the long side stick to bullion"

"I don't recommend buying bullion."

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To: Tommaso who wrote (26473)10/19/2011 7:36:32 PM
From: Sawdusty   of 29401
 
Almost choked on my tea. :-)

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