We need to take out 1100 on the spooz

Quote from Ivanovich:

Personally, I think gold moves on it's own now. The only downside to gold may come if the market suddenly and drastically drops, and positions in gold are forced to be liquidated in order for margin calls (like we saw last year).

True. But gold held up better than any other risky asset during the credit crisis. Something tells me China, India and others will rewrite the book on dollar cost averaging if that happens again.
 
Quote from startraitor:

...to take 900!

Don't know, but keep shorting and praying for 900 all you want...glad I started buying even a little lower than that last time (and wish I bought more)!
 
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