Short-term Bottom In Gold …

We’ve got a short-term bottom in gold. Yellow metal should now be preparing for yet another new record high. No surprise — the deteriorating fundamentals … the sovereign debt crisis … the plunging euro … North and South Korea … stock market slides … and more — are all positive for gold.

For my latest views, including an updated gold chart, watch this week’s video.

Best wishes, as always …

Larry



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Your thoughts on “Short-term Bottom In Gold …”

  1. Hello Larry,

    Was just curious about gold and the DOW. You still believe the DOW will fall, however, you also believed gold shares would rise. If the DOW were to fall to 8700, wouldn’t that be bad for mining stocks? Wouldn’t that also represent temporary deflation that would be bad for gold? Thanks,

    Mark

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