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I'm trying to decide how legit this move it. I knew this was coming, but I lost my conviction and balls and didn't make the play properly because of how many BS rallies the market has had the last few years. Gotta stop playing psychology and play fundamentals. I really believe gold will shoot higher and the markets will keep falling, but at these prices it is tough to hop in.
I'm looking at ERX. If it falls around 10% more I'll get in, looking towards QE3 as what will re-inflate energy prices (and completely destroy the economy).
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