Saturday, September 12, 2009
INFLATION IS REARING ITS UGLY HEAD
Continued downward pressure on the dollar should continue to support the price of gold. The GLD, is currently selling for $98.78. If the current price holds a price target of $105 should be attained. This is a short term target, but after a nice couple of weeks for commodities, the triple top breakout on September 2nd supports a bullish forcast.
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