Gold stirs

Posted on Nov 21, 2008 by WHC Bassetti in Letters

Today the gold displayed a buy signal.  Readers will note from previous letters on gold that the stop we had set never got tripped, although they looked for it.  The buy signal and Basing Point are on the chart. Comments we made earlier about silver apply equally to gold -- as to reasons for buying.  The stop is 5% under the Basing Point.  

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