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Friday, May 7, 2010
A Golden Update
My buddy DM described this blog last year as "it's about gold and other stuff". Well, I haven't provided a technical update in some time. I went back and did some post-analysis on my last prediction and it turned out darn good. I dumped most of my "GLD" ETF in November, but kept the real stuff.
Gold Prices - Last 12 Months (Source Kitco)
I believe that Gold has built a very nice base in preparation for its next major move. Make a pilot purchase of the ETF "GLD".