Has gold peaked or does the real move in gold lie ahead?
*Dow Theory Letters, by Richard Russell, December 6, 2012
”Gold has acted bullishly. On its very recent decline below 1700, gold had every opportunity to plunge lower. But it never happened. Today gold closed up 8.00 to 1701.80, which I thought was a terrific close – back above 1700 again! And this with the dollar higher! I’ve just added to my gold position. The real move in gold lies ahead.”
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