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Real Price of Gold

Precious Metals Reach Rebound Targets

Precious metals for the most part have reached their initial rebound targets. Gold has led the charge by pushing above $1140 to $1150/oz resistance (for now) while Silver rebounded back to former support (the mid $15s). GDXJ has nearly touched $23 but GDX has failed to touch $17. This leaves us to question how much […]

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Gold Mining is Counter Cyclical

The following is the opening segment of this week’s Notes From the Rabbit Hole, NFTRH 276: Somewhere along the road from the 2000 bottom in gold stocks to the 2008 flame out of inflationary hysteria, the gold stock sector went from counter cyclical first mover to ‘inflation trade’ also ran.  Gold stocks put in a secular […]

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