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Is Gold Getting Set To Test $1700?

ByAlexandros Yfantis
Published 12/31/2012, 04:01 AM
Updated 07/09/2023, 06:31 AM
Gold Intraday










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Latest comments

Great article!. I think gold prices will move UP, but I personally like more silver. I like China stocks and commodities. When CRB index close above 308 would be the trigger for a big move up in Commodities which would help stocks in Brazil, Argentina and CHINA. If GOLD prices moves over 1675 and keeps next week, is a positive. But is time to face the TRUTH and see that stocks in USA are moving up just by media and money been printed, otherwise the US DOLLAR INDEX shouldn't be the levels that have now (devaluated)...so..., bonds are in a bubble to burst like were home prices in 2005/6, that would lead to a bigger decline in stocks (US and Europe), and would be the 2 nd DOWN leg in home prices in the US. I am positive in stocks in ASIA and Latinoamerica (Argentina and Brazil) HAVE A GREAT YEAR!!!!
I'm glad you liked it...feel free to follow my posts in my website. comments are welcomed and would love discussing similar topics.
Thank you Alexandros! it looks like Sliver prices are moving over 30,65 which confirms to me a move up in Gold last Monday over 1675. I think that if ETF (USO) in relation with Oil prices, closes over 34 in the following days...COMMODITIES prices would confirm a new leg up in GOLD and SILVER, On this case, stocks like CDE or PAAS are a good choice. That seems to me US DOLLAR INDEX will continue in a free fall, so it looks like a similar move of year 2007 is ahead. In this case I would choose stocks from CHINA, and Latinoamerica too. Alexandros the best for you and keep writing!!! Have a wonderfull year 2013!
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