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2011 GOLD high $1,500.00, SILVER high $24.00
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<p>[QUOTE="fools_gold, post: 1071639, member: 20669"]Any of those cases could be true. I mean we are all really shooting in the dark. Yeah, you have some knowledgeable guys around here but as accurate as they can be, there's also the manipulation side that is probably the biggest variable and "enemy" to fundamentals.</p><p><br /></p><p>So say there's rumors an auto company is going out of business and fundamentally you sell your stocks. Why would anyone want to hold? Then you wake up, and our gov't decides to bail them out and stocks soar! I mean, WTF is that all about then?</p><p><br /></p><p>Or let's say you buy stocks at $1 because as long as it goes to $2, you've doubled your investment! But then it dips below $1 for a couple of months, and they get delisted!</p><p><br /></p><p>We could think of $50 being the peak, just like someone probably thought gold at $500 was the peak when they bought at $250.</p><p><br /></p><p>I think I've mentioned this before too is, they say don't put all your eggs in one basket. But anyone that is holding nothing but USD's is doing just that! And if they are earning 1% or less at their bank, they are going negative due to inflation. There's really no sure place to put your money these days![/QUOTE]</p><p><br /></p>
[QUOTE="fools_gold, post: 1071639, member: 20669"]Any of those cases could be true. I mean we are all really shooting in the dark. Yeah, you have some knowledgeable guys around here but as accurate as they can be, there's also the manipulation side that is probably the biggest variable and "enemy" to fundamentals. So say there's rumors an auto company is going out of business and fundamentally you sell your stocks. Why would anyone want to hold? Then you wake up, and our gov't decides to bail them out and stocks soar! I mean, WTF is that all about then? Or let's say you buy stocks at $1 because as long as it goes to $2, you've doubled your investment! But then it dips below $1 for a couple of months, and they get delisted! We could think of $50 being the peak, just like someone probably thought gold at $500 was the peak when they bought at $250. I think I've mentioned this before too is, they say don't put all your eggs in one basket. But anyone that is holding nothing but USD's is doing just that! And if they are earning 1% or less at their bank, they are going negative due to inflation. There's really no sure place to put your money these days![/QUOTE]
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