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Do you see what I see?

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July 30, 2009 – Comments (9)

Okay, abitare has gotten me hooked on Sly Capital, and I saw this video there. At first, I was bored to tears: blah, blah, Bernanke is dumb, blah, blah, Bernanke is driving our economy into the ground - all stuff I already knew and had heard many times before. But then I noticed something truly shocking, with huge implications for my life.

Did anyone else spot it? Please leave a comment below about what you found interesting (if anything) about the video. If I remember, I'll be back later to share my observation.

9 Comments – Post Your Own

#1) On July 30, 2009 at 10:12 PM, FreundInvesting (29.60) wrote:

We've never had a decline in home prices on a nationwide basis? That's pretty telling...

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#2) On July 30, 2009 at 11:45 PM, abitare (58.10) wrote:

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#3) On July 30, 2009 at 11:52 PM, FleaBagger (29.37) wrote:

Thanks for embedding, Abit. You know I'm never going to know how to do that.

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#4) On July 30, 2009 at 11:54 PM, FleaBagger (29.37) wrote:

Everybody: watch the embedded video that Abit provided, and don't follow the link I provided.

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#5) On July 31, 2009 at 7:09 AM, dbjella (< 20) wrote:

I saw the price of gold (I think) around 680.  I really want to know what you saw.

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#6) On July 31, 2009 at 10:16 AM, madcowmonkey (< 20) wrote:

AHHHH? Bernanke called for strengthening in 08?

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#7) On July 31, 2009 at 10:59 AM, FleaBagger (29.37) wrote:

dbjella got half of it! Ooh, this is exciting!

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#8) On July 31, 2009 at 11:00 AM, FleaBagger (29.37) wrote:

Remember I was bored with Bernanke - what I noticed in the video that got me excited has nothing to do with Bernanke (not directly, anyway).

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#9) On July 31, 2009 at 12:10 PM, FleaBagger (29.37) wrote:

Okay, before you all lose interest (or is it too late?):

(2:05) - Nov. 2006 clip, gold for Feb, 2007 delivery was $642. From that price, it is up about 45% to date.

(2:10) - Same clip: silver for March, 2007 delivery was $13.72. From that price, it is down about 2% to date. Down.

Does anybody else find that interesting, or disturbing? Any theories? Market insanity? Manipulation? How can silver prices go down in the worst economy in 75 years, while credible inflation fears have pushed gold up 45%?

Disclosure: I am long MVG, SLW, JAG, and short puts for HL and SLW.

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