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Gold

By: Decomposed in POPE 5 | Recommend this post (0)
Thu, 20 Jun 19 12:55 PM | 47 view(s)
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Triple tops tend not to occur, so the likelihood is very high that a major breakout is happening.

Hang onto your hats - or krugerrands, as the case may be. I think the gold market is about to get fun again. If it breaks out as I think it will, the next strong resistance is around $1,575.

The implications for this go well beyond gold owners. Gold climbs less because of something fundamentally different in it than because of something fundamentally different in the broader markets. I therefore recommend taking cautious positions at this time.






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Gold is $1,581/oz today. When it hits $2,000, it will be up 26.5%. Let's see how long that takes. - De 3/11/2013 - ANSWER: 7 Years, 5 Months


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