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cbwang888 (29.73)

Gold and silver monster moves begin

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8

November 03, 2009 – Comments (6) | RELATED TICKERS: GLD , SLV , GDX

 

USD is up today again bucket of currencies. However, Gold is up 1.8% over USD and silver is up 3%.

India bought 200 tons of gold from IMF

 

What is China waiting for?

 

 

6 Comments – Post Your Own

#1) On November 03, 2009 at 11:52 AM, outoffocus (23.42) wrote:

Sweet. Back over 20.  Let me enjoy this moment while it lasts.

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#2) On November 03, 2009 at 11:58 AM, cbwang888 (29.73) wrote:

outoffocus,

Race to the positive CAPS score?

 

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#3) On November 03, 2009 at 12:05 PM, outoffocus (23.42) wrote:

Well I figure since I was at around your score when S&P touched 1100,  I'll get positive somewhere around S&P 950. lol We'll see.  Your portfolio is alot more volatile than mine.

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#4) On November 03, 2009 at 12:36 PM, chiragpatnaik (78.15) wrote:

umm.. China has been  buying for the past several years. India is late (too late?) to the party.

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#5) On November 03, 2009 at 2:41 PM, goldminingXpert (99.97) wrote:

Congrats goldbugs, don't know how you got a breakout on the same day the dollar made a new 1-month high, but however you pulled it off, enjoy it.

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#6) On November 03, 2009 at 5:09 PM, cbwang888 (29.73) wrote:

Interesting day, indeed. I was up 350 CAPS earlier but end of losing 180 points. Looks like Fed talks have encouraging some more risk takings while others are looking for safe havens like precious metals (and USD huh?) ... 

 

 

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