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Gold Is Still Holding On
Another monthly close above US$2000 would be very positive. Market sentiment is very poor. Bulls giving up. Gold Stocks: XAU at a critical level. Gold stocks vs gold at major long-term support. Currencies: US$ still holding on. Swiss Franc about to crack?. Bonds: Yields still likely to head lower. Stocks: S&P 500 overextended but not negative. Silver vs. S&P 500. Metals and Mining. Metals and Mining ETF is looking very positive: It seems the warmongers are thinking of heading into Ukraine and also using F15s to hit targets inside Russia. Stupidity. But it could be the issue that sends gold through this ... (full story)