Mining stocks always seem to go up first and go down first. If You trade gold watch the stocks for the direction. Right now they are forcasting lower gold prices.
Commodities: Brief Correction or Bursting Bubble? [View article]
Im certainly not convinced. Always buy commodities when the PEs are high or non existent. The whole world is entering a slow growth period which is not the time to buy commodities. Short gold and commodities.
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Gold topped in March 2008 as the dollar strengthened.
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