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September 22, 2013

Sinking Feeling

Precious metals gave us another shake on Friday with gold and silver forfeiting most of their "no taper" gains. Gold bulls would, of course, have preferred to see the metals at least defend those gains if not push higher. Nonetheless, Friday's drop cannot further the development of our framework of expectations. One of our key prices levels must be encroached in order to ...

 

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