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Gold bugs hoping to wake up to $1,800/oz. will be disappointed as the metal fails to follow...

Gold bugs hoping to wake up to $1,800/oz. will be disappointed as the metal fails to follow through thus far on its big Fed-induced rally. At $1,772, gold is about unchanged on the session and remains right at its 2012 high.
Comments (2)
  • schatzl
    , contributor
    Comments (391) | Send Message
     
    Nah, gold bugs aren't concerned by daily moves. They sleep well because they know that the same one ounce today will be the same once tomorrow.

     

    (I'm not one of them, only have 25% in my portfolio - though I'm planning to expand that share)
    14 Sep 2012, 07:54 AM Reply Like
  • youngman442002
    , contributor
    Comments (5131) | Send Message
     
    We are not day traders...we look long term...like the IMF´s 300 billion for Spain...out of thin air another 300 billion...what will the markets bring us over the weekend..
    14 Sep 2012, 08:36 AM Reply Like
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