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July 17, 2011

Model Behavior

There is an old saying that the markets do the obvious in the most unobvious way. The action we've seen from gold and the dollar over the last two months may fall directly into the grips of that axiom. As you recall, some time before silver unwound its parabolic move, I was calling for silver to crash, followed by a return to test... and perhaps marginally break ...

 

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