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Don't let anyone fool you about gold …

Larry Edelson | July 15, 2010

Choppy markets, all over the place. And many say gold has topped. But don’t let them fool you. Instead, use pullbacks to load up on gold!

To check out the latest chart action in gold, the U.S. Dollar Index, and the Dow Industrials — via my video update this week.

Lastly, if you aren’t already a member of my Real Wealth Report, join now so you get ALL of my recommendations and specifics to protect and grow your wealth. At just $99 for a one-year membership, it pays for itself in spades. Join now by clicking on this link.

Best wishes,

Larry



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Uncommon Wisdom (UWD) is published by Weiss Research, Inc. and written by Sean Brodrick, Larry Edelson, and Tony Sagami. To avoid conflicts of interest, Weiss Research and its staff do not hold positions in companies recommended in UWD, nor do we accept any compensation for such recommendations. The comments, graphs, forecasts, and indices published in UWD are based upon data whose accuracy is deemed reliable but not guaranteed. Performance returns cited are derived from our best estimates
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Larry Edelson has over 34 years of investing experience with a focus in the precious metals and natural resources markets. His Real Wealth Report (a monthly publication) and Power Portfolio provide a continuing education on natural resource investments, with recommendations aiming for both profit and risk management.

For more information on Real Wealth Report, click here.
For more information on Power Portfolio, click here.

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{ 4 comments… read them below or add one }

Frank Thursday, July 15, 2010 at 11:07 am

Baltic Dry Index ($BDI) is not looking pretty. Larry, do you use this index and what is your interpretation of its downturn?

Reply

John Rainger Thursday, July 15, 2010 at 11:49 am

Your The Best Larry! Blessings to you and Yours!

Reply

Carlos Thursday, July 15, 2010 at 3:14 pm

I think it is just a late reflection of the ‘mandatory chinese government cooldown’ of their economy. To my eyes this index will rise intermediate and long term. The chinese economy is heading in the right direction with the right leadership, it will be just a matter of time before everyone could see it. jmho.

Reply

George Lee Thursday, July 15, 2010 at 4:55 pm

Hi Larry,

I has been following your blog for sometime now. And certainly enjoy reading and find your research insightful. This morning in your video you mentioned “for those who is not yet fully invested in gold yet….” are you suggesting to your reader to put all their into gold? If not how % of our portfolio would you recommend? My main issue with investing in gold is the violence retracement we had experienced in beginning of last year which still haunt me. Suppose, this time round,with the surfacing of the European woes and lack of “lockstep” stimulus program among nations it would be safer to invest on pullback.

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