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climbing a wall of worry


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#31 dharma

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Posted 14 November 2009 - 03:26 PM

gold 5k by martin armstrong
http://www.scribd.co...D-5000-11-11-09
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#32 dharma

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Posted 16 November 2009 - 10:00 AM

the dominant pattern is the inverse h&s pattern and we are going near 1300 on this leg, sure there will be corrections along the way dharma

#33 dharma

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Posted 16 November 2009 - 01:11 PM

i am and have been adding to nak, they have a sweet deal. and @some point they will be taken out as cpqrf was today. dharma there is always alot to worry about in bull markets, and this one is going alot higher. people are bullish, but they are hedging or getting out. it is very very difficult to keep your seat. dharma

#34 dharma

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Posted 17 November 2009 - 10:46 AM

pause that refreshes, we have time, and this is going higher, somewhere near 1300. dharma

#35 dharma

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Posted 17 November 2009 - 11:27 AM

“There are a lot of uncertainties in the U.S. dollar and not much confidence in other currencies,” AMP Capital’s Oliver said. “Gold is a viable option.”

China, the biggest gold producer, has increased reserves 76 percent to 1,054 tons since 2003 and has the fifth-biggest holdings by country, Hu Xiaolian, head of the State Administration of Foreign Exchange, said in April.
http://www.bloomberg...id=aP3zoTzNZ9a0
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#36 dougie

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Posted 17 November 2009 - 01:49 PM

dharma: are you suggesting 1300 b4 an IT correction?

#37 dharma

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Posted 17 November 2009 - 02:42 PM

dharma: are you suggesting 1300 b4 an IT correction?

dont know what you define as an it correction. but, i am saying 1300 by april
and i continue to nibble @the juniors
canplats was taken out yesterday by gg
the ceo of chpgf sits on the board of gg
so i like the name
i am adding to roy, do your own dd!!!!!!!!!!!!!!
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#38 dharma

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Posted 18 November 2009 - 10:00 AM

if you investigate, gold production continues to decrease, its only a matter of time before a feeding frenzy on the juniors appears. peak gold? i lean more towards the inflation side of the story, but that is not, at this point, what is driving gold prices . its lack of confidence in govt and this trend will continue. and propel gold prices into the stratosphere. gold and the dow will cross paths as they did in 80 dharma

#39 dharma

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Posted 18 November 2009 - 11:01 AM

it seems there is lack of interest on this board. its just the only real bull market around no reason for me to hang around dialoguing w/myself i will return later dharma

Edited by dharma, 18 November 2009 - 11:02 AM.


#40 rooster

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Posted 18 November 2009 - 11:14 AM

it seems there is lack of interest on this board. its just the only real bull market around
no reason for me to hang around dialoguing w/myself
i will return later
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Dharma, don't stay away too long. I'm new to investing and I've been learning a few things from you. If you don't mind I have a question about which companies would be the best to invest in for this leg of the bull. Would it be best to stay mostly with jr producers or explorers? TIA

Edited by rooster, 18 November 2009 - 11:18 AM.