GREY:CCNMF - Post by User
Comment by
Mineshackon Sep 30, 2011 10:48pm
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Post# 19106750
RE: RE: !!!!!!!!!!!!!!!!!!!!!!!!!
RE: RE: !!!!!!!!!!!!!!!!!!!!!!!!!shinoqua. The USA dollar has gone from 2¢ below Canadian to a nickel above in just the past couple of weeks while our copper has plummeted 25%. Even Gold got a hair cut as most trades are still settled in fiat issued by the Federal Reserve Corporation and this is another liquidity crisis comparable to 2008. Leveraged bets are selling everything to meet the margin calls. Of course panicked investors are selling too.
It’s become irrational and I don’t believe these bargain prices can last long. Hopefully it will be over soon and before any deals are made.
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mineshack
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