Gold! Gold in…

Posted on Mar 22, 2009 by in Letters

Gold in a quandry.  The last few days are a clear buy signal.  Sometimes you take a valid signal and get your nose bloodied.  That’s life.  That’s the markets.  The stop is about 5% under the nearest low.  Close only.  When this market breaks out it will be too late to get aboard.  Same for silver.  This is a musical chairs market.  We are undertaking a complete new analysis to see if a new strategy comes out of that.

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