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chainik

06/02/06 6:39 PM

#79574 RE: ajtj99 #79570

I don't believe TA can predict long-term movement of gold, and I disagree with you based on fundamentals.

IMO copper, nickel, silver and everything else shiny will correct hard in the next 1-2 years; gold will be dragged down initially but eventually will start to outperform metals.

Based on the rydex PM money flow and on the general sentiment, gold is a reasonable buy now IMO.