Archive for March 7th, 2007

This Bounce in the Gold Markets Merits a Cautious Approach

March 7, 2007

Yesterday, just like clockwork, we received the bounce in global markets that always follows strong corrections. European, Asian, U.S. and Canadian markets all experienced a nice bounce in their respective stock markets. If we look at the Gold Bugs HUI index below, it is not uncommon for a reversal to occur after a breakdown below the crucial 200-day Simple Moving Average Read more …

Add comment March 7th, 2007


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