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Not even Ben "Monetize the Debt" Bernanke can save this dog.
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Easy short
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Amazing this isn't on the pink sheets yet.
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It's a gravity thing, was up now...
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Back to 2.75. Not for long, buddy!
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With the value of the dollar falling and oil prices surging gold has no where to go but up in the long run. I think gold is a great investment if you can afford it. I also think that most things in the energy sector will also rise. Silver as well as other metals will also see big gains. I would stay away from things in the hospitality fields. Also I personally won't invest in military related companies but they most will likely see gains as well. I don't think I need to say much about financial companies but I'd stay away from them. Basics like foods will also see a higher demand.
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Interesting speculative play.
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Relatively new junior in the gold industry here in Nevada. They are, I believe, the third largest landholders (behind Newmont and Barrick) in Nevada. They have over 100 exploraiton properties. Watching the industry in Nevada grow as gold increases, I think this company is in a good place to make lots of money.
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Now that the Chinese stock market is in tune again with other bourses of the world and is going down, oil and gold will not be able to move any higher.
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shorting all overvalued gold stocks i can put my hands on. typically usually after bullish gold run february is the worst month for them. overvalued and seems to hit a break...thumbs down for all gold stocks for the next few weeks
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