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Timothy Smith

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Timothy Smith

Re: trunkmonk post# 17522

Friday, 11/27/2015 10:31:01 AM

Friday, November 27, 2015 10:31:01 AM

Post# of 46662
The near-term picture does not look great for gold. Price settled below the previous support level, and, taking into account the almost inevitable Fed rate hike, there's little to support them.

Longer-term picture looks more encouraging, as the drop of gold prices increases demand while supply stagnates.

Purely My Own Opinion. Do Your Own Due Diligence.

“Formula for success: rise early, work hard, strike oil.” - J. Paul Getty

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