Buy and Sell Signals, and Other Market Perspectives Message Board

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Strategies & Market Trends : Buy and Sell Signals, and Other Market Perspectives

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To: GROUND ZERO™ who wrote (41609)	12/11/2012 3:42:06 PM
From: Keith Feral	Read Replies (2) of 222222

Gold has been tracking oil prices for the past 10 years. This is the first year where oil prices have succumbed to reality that $110 oil is lousy for the economy. Oil prices have decoupled from the market since June, and there is no reason to want to be long USO right now. I think GLD will eventually succumb like USO and trail off for a long time.

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