GREY:GIIZF - Post by User
Post by
cornelon Jan 10, 2011 11:42pm
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Post# 17951698
recently sold
recently soldI've held "GII.UN" off and on for around 2 1/2 years now. Right now I am out . I sold because I have a fealing that thing's are going to go south soon. China ,Malaysia and Russia will no longer be trading with each in American dollar's but in thier own currencies (there is also a handful of other countrie's talking about adoupting the same policey's. Iraq no longer trade's it's oil in the American dollar , but in Euro's , Iran want's to do the same. The strength of the American dollar is starting a free fall. Inflation has started it's way to double diggetts for the thing's we really need like food 3 year's ago I used to buy a loaf of multi grain bread for $1.58 , the same loaf at the same store is now $2.67. Or gas Three year's ago was around
.85 a litre , now it's around $1.25. The list can go on and on, by the way, my wage's have gone up from $24.68 to $25.92 in the same period (it's a good thing I like K.D. and Mr Noodle, just not all the time )
ANYWAY"S......I don't think it will take much before GII.UN see's a default , and that will put an end to this one
I am also righting this because I am a little pissed that I sold at $1.60 and it is now at $1.80 , Will I get back in, not sure yet, I've been moving most of my trading money into silver bullion, and some gold mine's that are producing. (they seem very boring compaired to playing the market's though)
GLTYA
Cornel