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XMFSinchiruna (27.97)

Not Everyone is Running Away From Gold

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December 16, 2009 – Comments (1)

Not Everyone is Running Away From Gold

"The way gold bashers are crawling out of the woodwork to herald the end of the yellow-brick road, one might suppose they've been transported to a new financial reality in which skyrocketing debt and all of our myriad fiscal woes had found a magical overnight cure."  :)

"Serious precious metal investors know better, and recognize the recent pullback in gold prices as a welcome pause in what had become an uninterrupted surge from the $1,000 breakout in September to just under $1,220 in early December. The dollar has reclaimed support above 76 on the U.S. Dollar Index (USDX), and Fools who were left out in the cold without gold as it sprinted to new highs, will be watching the dollar to telegraph the depth of this minor corrective pause."

For more, please link to the article, and be sure to vote in the poll.

And by the way, Fools, The Motley Fool has finally devised a mechanism for Fools interested in tracking the work of a given TMF contributor to keep up with their articles in real time. You can either use the RSS feed functionality of this page, or simply bookmarl the following URL and refer to it whenever you feel like getting caught up. How you use it is up to you, but I for one am glad the feature is now in place. I hope you Fools find it useful.

Here is my article feed.

And here is the URL to boookmark:

http://www.fool.com/feeds/AuthorHeadlines.aspx?author=1632&source=eptsearf0000001

If you are interested in obtaining a URL for other TMF contributors, please e-mail them and ask them for their respective URL.

Fool on!

 

 

1 Comments – Post Your Own

#1) On December 17, 2009 at 4:30 PM, catoismymotor (38.90) wrote:

This lady should have run away from gold.

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