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Message: Re: Klaus, your favourite - Gartman

Dec 13, 2011 09:42AM

Lots of cross currents these days. Gold broke down out of the triangle, but it happened right at the apex - therefore lower predictability. Also, it's still on trend. USD looks like it wants to break out - bad for gold, but I'd rather wait for a trend break in gold before delcaring the end.

I guess a lot depends on when the ECB starts printing money, helicopter style.

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