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Tight But Volatile Trading Ranges …

Larry Edelson | August 13, 2009

Tight but volatile trading ranges dominating the markets this week. Stay alert for market surprises though — tight trading ranges give way to BIG moves.

Best,

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 but must be considered hypothetical in as much as we do not track the actual prices investors pay or receive. Regular contributors and staff include Kristen Adams, Andrea Baumwald, John Burke, Amy Carlino, Selene Ceballo, Amber Dakar, Dinesh Kalera, Red Morgan, Maryellen Murphy, Jennifer Newman-Amos, Adam Shafer, Julie Trudeau, Jill Umiker, Leslie Underwood and Michelle Zausnig.

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Larry Edelson has nearly 33 years of investing experience with a focus in the precious metals and natural resources markets. His Real Wealth Report (a monthly publication) and Resource Windfall Trader (weekly) 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 Resource Windfall Trader, click here.

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{ 11 comments… read them below or add one }

francine stobnitzky August 13, 2009 am31 9:19 am at 9:19 am

interested in subscribing to Real Wealth Report. How can I do that?

Reply

Gerald August 13, 2009 pm31 12:07 pm at 12:07 pm

Would it be possible to put a link to a written report for those of us stuck in areas where high speed is not available. The video takes too long to download and I never get the information since you changed to it.

Reply

henry north August 13, 2009 pm31 12:24 pm at 12:24 pm

What happened to the ” HIGH / LOW ” selection on the video?
Looking for a default setting ? — use LOW .

Reply

William Thompson August 13, 2009 pm31 12:44 pm at 12:44 pm

Hi Larry,

Today you said Gold hadn’t closed above 960 a meanful amount however on 8/4/09 it closed at 968.10 and then also closed the next two days above 960. What would be a meaningful close, 970?

I’m trying to better understand what you mean. I thought 960 was 960, and I know what that is but I don’t know what a meaningful close 960 is. When it closed above 960 even if it was just a dollar, I thought that was a buy signal.

Thank, Bill

Reply

David Funderburk August 13, 2009 pm31 5:52 pm at 5:52 pm

You keep talking of the dollar dropping so low it will no longer be the world’s reserve currency. Would you please explain what that happening would mean to the average American’s daily financial life.

Reply

James Cagle August 13, 2009 pm31 10:19 pm at 10:19 pm

Ur recent recommendation to buy DGZ as a hedge in an equivalent amount to your gold holdings does not appear to be doing the job. Almost invariably, when gold stocks go down, the DGZ covers but a small amount of the losses in gold stocks. When gold stocks go up – the DGZ increases very little.

Reply

Kerstin August 13, 2009 pm31 11:24 pm at 11:24 pm

How do I sign up for the real wealth report ?

Reply

ray August 14, 2009 am31 10:54 am at 10:54 am

If the dollar goes to 82 or higher how far do you think the dow will fall? And what about oil?

Will it fall far enough to short the dia or oil?

Reply

Frederick E. Juliano August 14, 2009 pm31 9:55 pm at 9:55 pm

I’m having a lot of trouble getting your videos. Can you send an option to download the file for us who do not have very fast internet connections? I find that some videos I receive have that option which then allows me to download the whole file — which admittedly takes a long time — and then able to have the video played right through from beginning to end. As for your videos, I haven’t been able to view them for the last few weeks.
Fred

Reply

Frederick E. Juliano August 14, 2009 pm31 10:00 pm at 10:00 pm

I haven’t been able to view your videos for the last few weeks. Can you include an option to download the complete video file so those of us who do not have high speed internet connections can download — admittedly slowly — then view the complete video.
Thanks
Fred

Reply

D. August 16, 2009 am31 8:34 am at 8:34 am

Your team is still very bullish on China/Asia and recently you recommended taking profits off the table. When are you planning on getting back in?

Reply

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