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10,633 Posts.
532
10/11/10
13:48
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Have to agree with Pete on this one, U players who WILL be producing are going to become hot property very quickly.
U spot up 10% in a week, brokers discussing "hedge funds reentering", USD getting smashed . . .
I'd even go so far as to say that the past spot high of $140s may seem insignificant soon and be assured I have money where my mouth lays.
The catalyst will be when the spot price passes the LT contract price. Be in the U game before then.
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