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September 4, 2013

Staying on Guard

First, I'd like to point out that I do not view today's precious metals pounding as anything more than the continuation of a decline into a daily cycle low. Gold is still in the early part of its timing band, and is simply using its time to shake the apple cart a bit. So while we wait for a DCL, let's take a step back and consider the bigger picture for gold, including a possible path for which we should stay on guard ...

 

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