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comment from precious metals warrants
posted on
Feb 05, 2010 04:14PM
February 05, 2010
Turnaround Friday ??
After being down to 1042 gold has staged a strong rebound this afternoon now up slightly at 1065 and gold shares as measured by the HUI are substantially higher on the day.
We may not know for a few more days if this was the bottom but it is a characteristic pattern where there is a major sellout and then a comeback.
