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The long-cycle in precious metals
, writes Citi's Jon Bergtheil, arguing we'd need a level of systemic risk higher than the past few years to warrant a continued bull run. Especially vulnerable are the PM miners (
) which benefit from what may be mistaken belief $35 silver and $1,600 gold are the "new normal."
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Don't panic guys!
Read the article on the Coppock indicator for the buy signal.
It is quite helpful.
Feb 20, 2013. 02:15 PM
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