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JohnCM

12/30/15 10:19 AM

#30310 RE: budmgd #30305

Looks like U.S crude production is the wildcard in the commodity picture. Even with output surprises to the upside, can crude spend much time if any below 34.00? Two dollars away.Even with the doom and gloom, I don't see crude moving lower. Thus I see support for Gold here as well.

Volatility equals mining equities and 3X EFT funds, not spot price.