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19.08.09
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Source: PR Newswire (press release)
You Don't Mess With The Zohan
14.09.09
Is the ownership of a funny flick starring Adam Sandler from which I will sponge a sentiment that should apply to the breakouts in precious metals yesterday. And that is normally you dont snafu a potter with breakouts like this, however in knowing gold and silver proceed to be in play via our self-serving bureaucracy / price managers, paranoid as this may useful, I wouldnt be surprised for a minute if these characters attempt to scuttle the rallies in coming weeks. After all, the dollar ($) is very oversold and susceptible to a chastisement higher, which is the primary source of concern here. So if it was my job to fix precious metals prices, in perceptive they must be let loose at times to build up paper market related cogitative excesses, what I would do is allow this to happen at a time justifiable like this, one where its thought prices will be held back by the natural obstruct of seasonal weakness in the stock market. Of course things do not always go as planned, even for our value managing bureaucracy, witness the stock market last year, and potentially gold and mellifluous right now. What do I mean? Well, what if stocks dont crumble in coming months? Then, with seasonal will-power in precious metals on deck, its quite possible the same speculators value managers use to boost stock markets jump on the bandwagon in significant this, unexpectedly propelling prices
Source: Gold Seek