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May 13, 2013

Unactionable Setups

To borrow a phrase from my high school trig teacher, today's market action was about as useful as a screen door on a submarine. The dollar, oil, and gold bounced around a lot, but none of them crossed any lines that would further our framework of expectations. Gold was, naturally, down, and its decline dragged mining shares along with it. That we have an ...


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