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Not Everyone is Running Away From Gold



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."

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1 Comments – Post Your Own

#1) On December 17, 2009 at 4:30 PM, catoismymotor (< 20) wrote:

This lady should have run away from gold.

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