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Odds 'n Sods:
The recent dip
in precious metals prices is a buying opportunity for those of you that
thought that you had "missed the boat." Market
analyst Adam Hewison suggests that there might be further pullbacks on the
spot price of gold
to $855 or
perhaps even $750. My reaction? Great! A "full Fib" retracement
presents a great short term buying opportunity in what
will otherwise be a long
term
bull
market.
o
o o
Two months ago, a few readers chided me for being too harsh in my criticism
of gadget-oriented "Mall
Ninja" survivalists. This
auction listing shows exactly what I was talking about: (Thanks to Mike
Williamson for spotting the auction for this monstrosity.)
o o o
From Matt Drudge's news site: British
authorities try to quell damaging financial rumors
o o o
Reader K.A.F. asks: Is CIT the next domino to fall on Wall Street? CIT
Group draws on $7.3 billion of
bank lines
