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Gold Stocks Correct - Just Like in 2008
Another day, another rhyme. Even yesterday’s rebound in gold stocks was just like what we saw in 2008. And that’s just one of the confirmations. I wrote about it in yesterday’s Gold Trading Alert #2, and I provided an extra follow-up in the comments section, but in order to keep it all in one place, here it is again: Meanwhile, gold stocks are moving higher, as well, but… they are moving higher pretty much like they did in 2008. chart The HUI Index just moved a bit above the 61.8% Fibonacci retracement based on the initial downswing, and then it declined again, closing the day visibly below it. chart Back ... (full story)