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Post by jeffolie on Aug 10, 2011 19:09:50 GMT -6
$2000 gold will bring out sellers, how about you? $2000 is a nice round number. When I did a thread on $50 silver being a nice round number and likely to bring out sellers ... on a Sunday night silver hit $50 in international markets and selling resistance drove it down eventually to $33.50. unlawflcombatnt.proboards.com/index.cgi?board=gold&action=display&thread=8937This coming Sunday night might see a repeat peak as happened for silver at $50 with Gold reaching $2000 Sunday night in international trading. Will selling resistance drive down Gold from $2000 ... tell me what you expect
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Post by graybeard on Aug 10, 2011 22:35:32 GMT -6
I think it will take the silver route, and drop back to $1400 or so. I have some $$ in gold mutual fund, and some gold mining stocks, and they aren't rising like the gold etf.
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