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Monday, April 24, 2006

Too Far! Too Fast!

Too far! Too fast! That is the phrase coming from Gold traders trying to come up with an explanation for the recent sharp sell-off in the yellow metal last week. After making highs not seen since the early 1980's, the entire metals complex was overdue for a correction and correct it did! The sell-off is continuing this morning, with lower Crude Oil futures weighing on Gold. Read More....