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Since 1980, “there have only been a handful of periods where gold experienced as many 2% daily moves in a ten-trading-day span, with the most recent occurring more than 15 years ago in September ...
The gold rally is struggling for momentum right now. The precious metal broke above $3,500 an ounce for the first time a week ago, but has slipped back to $3,320. As the chart below shows ...
and the above charts will act as a road map to show how close geopolitics is pushing us to the edge. In a way, I hope this trend breaks sooner than later. Disclaimer: I have gold in my portfolio.
It is, however, now a commodity with a tremendous looking chart. Gold actually looks able to go “off the chart.” We could be at a top, I suppose, but unless gold gets stuck around here for a ...
But over the last five years, gold has put up monster gains -- not quite as good as the Nasdaq Composite or S&P 500, but better than the Dow and far better than a risk-free rate or bond.
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