I think for reasons currently unknows gold is range bound $870-950...
Financial history doesn't repeat itself, but it often rhymes. You can't be stupid enough to trade off anything I say.... I'm lucky they let me out of the straight-jacket long enough to trade.
J. P. Morgan
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2 comments:
that is true, then GLD should be a buy based on risk reward?
I'm waiting for it to hit 85, because I think it will.
My thesis is that we will get a 2-4 week pull back in materials... I'd look for a panic.
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