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March 30, 2011

Inexact Science

The next two days will be quite pertinent to our efforts at timing the dollar's 3-year cycle low and hence the peak of the precious metals run. If the dollar holds above last week's low, thereby completing a weekly swing low, we would have a new intermediate cycle in hand and an outlook for an early summer low for the buck. If the weekly swing fails to hold, we're still ...

 

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