We are simply looking at this from a trading standpoint. What is the market saying right now, and it's saying gold is not the thing to be buying, so find something else to do. Hold your gold positions, but dont try to trade this. A lot of things to talk about later, like the rally in the NASDAQ, that has saved it from certain disaster, but we will get to that later, just know the path of least resistance for stocks is once again higher and for gold is lower, take that into consideration in everything you trade.
-Jonathan M Mergott
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