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Strategies & Market Trends : The coming US dollar crisis

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To: ggersh who wrote (27490)3/16/2010 10:17:08 AM
From: Real Man  Read Replies (1) of 71456
 
Gold is in a secular bull market, consolidating gains since
December 2009, when it got extremely overbought. Since
the top happened in late November/early December last year,
there is a chance it will run to new high into late May,
then consolidate again during Summer. Such unusual runs
off-season (gold season is between August and March) happened
before, but there are no guarantees it will happen again.
Act accordingly. Personally, I just have a core in that bull,
and I don't trade it at this time. -g-
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