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  1. I think we’re all in agreement that there are no “fundamentals” like earnings with gold and the price is just a function of supply and demand and that changes based on all of the things DIBS suggested.

    DeadCatBounce: Did you “trend lower” on your boss again today?

  2. Lechacal should buy lumber as an inflation hedge.

    Gold does not trade on fundamentals because demand for jewelry and electronics and all other industrial uses is as insignificant as a fly on an elephants ass.

    DJIA down 200. Last hour should be interesting as many institutions do their heavy work going into the close.

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