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tokyopua

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tokyopua

Re: None

Monday, 07/15/2013 1:14:10 PM

Monday, July 15, 2013 1:14:10 PM

Post# of 46663
Weak Retail Sales Means Fed Tapering Later vs. Sooner
Daily Ticker

This is the headline on Yahoo Finance today. And we are seeing many other articles saying the same thing. The last couple of weeks crash in gold was mainly due to fear of a taper, and since that has been reversed the market is back at all time highs, and gold is slowly trickling back up.

Add to that the seasonal strength of gold in July and August and gold should at least stay stable at these levels if not go up. ACH but that is how it looks.
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