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Pro-Life

01/11/12 6:49 PM

#174 RE: Pro-Life #173

Gold Trading below its 200 Day Moving Average has Historically Meant Good Things

By Peter Degraaf
Jan 9 2012 9:38AM
http://www.pdegraaf.com

http://www.kitco.com/ind/degraaf/jan092012.html

During the 12 year history of this bull market in gold, only about 5% of the time did we see gold trading below its 200DMA, and each time it turned out to be a prime buying opportunity.