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Old 05-18-2011, 02:03 AM   #251
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Join Date: Dec 2002
Posts: 11,970

Big guys bet on trends. If gold trends downward even 1% that is huge if you are buying and selling large quantities. Keep an eye on Greece. They are probably going to default again forcing a bailout consideration. Perhaps he's just positioning as inflation in Europe is starting creep upward. The trends in China are not as rosy as they used to be.

I am looking for inflation to kick in. Housing rates are going up.
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