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November 11, 2010

Something's Gotta Give

The first thought that struck me when I lit up my trading platform this morning was how odd it was that neither stocks nor gold were giving up much ground to the dollar's advance. If the buck is, indeed, commencing a new intermediate cycle, PMs and equities should be a bit more responsive to the downside. With this oddity in mind, I pulled up my chart book and began hunting anew for ...

 

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