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Precious Metals Due for Minor Correction, but Major Rally Likely to Continue into Spring 2010
Dr. Christian Normann’s weekly analysis.
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Dr. Christian Normann’s weekly analysis.
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Manipulation and money that’s been on the sidelines are driving the market, according to TraderTracks editor Roger Wiegand in this exclusive interview with The Gold Report. He see the makings of some “pretty exciting” action in precious metals front,
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Jack Chan asks if this is the second phase of the Gold bull.
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As we can see gold has broken its 2008 high and is starting another rally which we have seen several times before. I figure we could see gold rally for another 3-5 months and possibly reach the $1500 -$1600 level before forming a multi month or year consolidation.
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Jim Rogers is interviewed by theStreet.com.
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I have just completed a major overhaul of my chart set which correlates with my coverage of the Australian gold sector. It is news analysis time as I have been updating news from the end of the October releases of the September quarterly reports.
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Gold has just breached US$1100 after a strong move following the purchase of 200 tonnes of gold bullion by the Reserve Bank of India from the International Monetary Fund. This overhang had been troubling “ye of little faith” observers of gold. The same day the Reserve Bank of Australia raised rates…
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Gold, small caps and the U.S. dollar have had a stable three-way relationship for the better part of the 2009 rally. Now the three could be parting ways.