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    Saudi's bought $3.5 BILLION worth of Gold in LAST 2 WEEKS

    Gee, why didn't my dumbass think of that? Groundbreaking stuff there. If only I could understand it all. http://www.elitetrader.com/vb/showthread.php?s=&threadid=144565
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    Saudi's bought $3.5 BILLION worth of Gold in LAST 2 WEEKS

    So your storing nutritious food and buying physical silver, meanwhile you are defering, a sign of "I really don't know", the question I asked you. Are you stockpiling Tamiflu and digging a cave as well? I am trying to share ideas and discuss, and you, Necrophiliac, are mounting personal...
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    Saudi's bought $3.5 BILLION worth of Gold in LAST 2 WEEKS

    Coming from you, the guy who didn't know of any organization other than the G8? are you related to stock trad3r? Please enlighten us at ET, with what is about to happen, since you already know and are being briefed by world leaders.
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    Saudi's bought $3.5 BILLION worth of Gold in LAST 2 WEEKS

    When the world as at the front door of a major global change, which it is, there needs to be a larger representation present, which there is (G20). I for one don't believe there is any conspiracy to take over a large portion of the global assets, but I am fairly certain we are going to make a...
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    Saudi's bought $3.5 BILLION worth of Gold in LAST 2 WEEKS

    The "G"# is a representation of the nations present. There is a G3, G5, G7, G8 etc etc. You need to be more informed than you think you already are before my friend would talk to you, you have already failed the first test as a consultant...
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    Saudi's bought $3.5 BILLION worth of Gold in LAST 2 WEEKS

    I have been hearing ramblings of a monetary shift over the last few months, if there was any truth to this, gold would be the single best play for this. Here is an IM thread I had this morning with an analyst- him (9:34:46 AM): 3 people I've talked to this morning are talking about how the...
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    Professional Traders. need advice

    I left the floor in 2000, saw electronic market coming and took a job at an energy company in Houston, wanted to beat a supply glut of traders. I really miss the floor though, was good times although I like Globex better, better on the voice too!
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    Professional Traders. need advice

    First off, you are missing a primary ingredient to successful trading, especially at the age of 19. In all seriousness, pussy is necessary and you must allocate time for it. It keeps you sane. I used to be a floor trader on the COMEX/NYMEX. Everyone has their style, mine was born and taught...
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    Bailout Running Total: 3,450,000,000,000.00 (with a T)

    3.5T divied up over 100 million households means the fed could have just given each household 35 thousand dollars each, and we could have paid back all the debt owed on consumer loans ex-housing.
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    Do you think the US will default on its debt?

    In short, no. I think there will be sectors that benefit, but China also produces vast amounts of its own resources and will be able to draw upon those without requiring much from the rest of the world. I do like domestic infrastructure plays, but again, I am not sure if that is enough to...
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    Do you think the US will default on its debt?

    BTW, since we are specifically talking China, they are pegged to the dollar, and in terms of a dollar devaluation, would not lose any purchasing power in dollar denominated US assetts.
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    Do you think the US will default on its debt?

    What would they ask for?? These are non-collateralized loans. I am not saying we default at all, I am saying a currency devaluation would take a haircut off of the debt burden. It is not really all that different (technically) than the when the dollar was pounded down from 2002 to 2008...
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    Do you think the US will default on its debt?

    You loan a guy $1. His livelyhood goes down the drain. would you rather get paid back .75 or nothing at all?
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    Money Velocity...

    u nailed it, the $$ being printed is not going into consumer hands.
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    Do you think the US will default on its debt?

    I think we avoid a "technical default", and instead devalue our currency for a huge haircut off of the debt.
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    Natty

    HAHA, this is exactly why I am a scalper and only carry spreads as positions. Natty has always been a very hard market for outright position trading. The techs looked ever so strong on yesterdays action, yet we have puked up all of yesterdays gains. Cash has converged with the screen as...
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    Natty

    Great solid close, feel very confident that we are off to the races tomorrow. Good luck
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    Natty

    Noon update of the GFS is looking pretty cold for the entire eastern half of the country starting this weekend all the way through the 11-15 day period. This should be quite supportive of cash and probably be the catalyst to finally get us through that pesky 7.33 resistance area. My next major...
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    Who are the Architects of Economic Collapse (the puppets and their masters)?

    They will never take my guns. I live in Texas, I think it would be a huge problem for anyone attempting to take firearms from the people of this state. Most here cannot stand the government to begin with, as the say in Vegas, "good luck sir"
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    Who are the Architects of Economic Collapse (the puppets and their masters)?

    No, we get it, the problem is 90%+ of this country doesn't get it, and never will thus perpetuating the same two party system. These idiots still think issues like abortion should define who controls the free world. As long as that mentality reigns, we will always be fucked. I personally...
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