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Robert Weinstein
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Follow me on https://twitter.com/#!/RobertWeinstein Owner of 1 Reason Insurance, a full-line insurance agency licensed in Wisconsin and Minnesota, and 1 Reason Real Estate, licensed in Wisconsin. http;//1reason.com Let's connect on Linkedin http://www.linkedin.com/pub/robert-weinstein/12/129/651... More
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1 Reason Insurance
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Robert Weinstein Trading Blog
  • ***** update ****** for trading results 8/5/11 0 comments
    Aug 6, 2011 8:49 PM

    ****************** update **************************


    Gold has been up 124 months in a row according to kitco's Frank Holmes.

    This has been bothering me since I wrote it.  It didn't seem to add up from what I remembered and so i went back and took another look.  here is the link and the sentence.


    "Gold has now increased for 124 months straight, says Deutsche Bank."
    www.kitco.com/ind/Holmes/holmes_aug03201...

    I am only looking at the GLD chart and going off my memory but I am going to say that is flat out wrong.

    I remember the first push back from $1K and before that at $600 when I last bought.

    Regardless,  I believe gold is extended and due to pull back.

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