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January 24, 2011

The Safety Is Off

It has been my contention for some time that if the current daily cycle for gold ran to the far end of its typical timing band, or perhaps slightly long, there would be a good chance the cycle low would mark not only a daily low, but an intermediate low, as well. Gold just completed Day 25 of its cycle and is still setting new lows. Furthermore, precious metals have been unable to ...

 

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