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Always do your own due diligence. We seek safe harbor.
Hi!, Patrons Et Al:
Jim StClair is calling for multiple $100 per day moves in gold within he says the next 90 days. Why? He says because the comex has decided to declare their clearing of gold trades not in metal of which they are short of in stock but cash which is a major declaration of a shortage of actual metal for setttling 100 oz. gold contracts within their system. Others are saying take profits now. If U take your profits and run; forfeit your lower entry positions and then the market takes off several hundred $’s as you pat yourself on the back for having already taken profits and abandoned your earlier price positions that may never be seen again, will U not be kicking yourself for having not done enough due diligence to stay with this most precious of metals? Dr. Marc Faber says he will NEVER sell his gold. The same with Jimmy Rogers and so who are U going to believe: Ur confussion? The one think I know about trading and that is that unnecessary trading in and out of any commodity is known as churning which generates income known as commissions for the already rich brokers. So, each individual player will have to name their game and play it I guess. Nicolaus Darvus wrote a book, Wall Street The Other Las Vegas, in which he talks about the brokers making money off of our trading whether we win or loose. They alone are the sure money men generating commissions. Do that to yourself as little as possible, by committting yourself to doing immense due diligence in my opinion or U have no business betting inside these elitists/ markets long or short etc. That’s my opinion based upon my limited knowledge and experience. The rest of U take it any way U want!!
RUSS SMITH, CA. (One Of Our Broke Fiat Money States)
resmith@wcisp.com
wow…another article that says exactly nothing!
*DO* something about this G/d “RUSS SMITH” SPAMMING JACKASS !