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Thursday, July 30, 2009

Gold Miner Positions

As stated in previous post "Cash is King" I am walking away from Gold/precious metal miners that have served me well since October 2008. I reserve the right to run right back. At this time, I'll try to avoid GDX and precious metal miners until gold goes below 700 or above 1100.

I still think resources are one of the safest plays for a 5 to 20 year time horizon.

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