SliderOnTheBlack.com

The GDX & GLD ETF’s are now sitting at a key technical area as they have both reached areas of strong prior technical support, and the classic pivot point of a 50% pullback of the prior move.

36.50 is a key pivot point for the GDX. And with this mornings negative open, that may be tested. [...]

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HUI, GLD and SLV vs. the market for the week of January 18 - 24, 2009:
HUI, GLD and SLV vs. the market for last 3 months:
SliderOnTheBlack

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This may surprise you. Who would have thought that fiat currencies like the Swiss Franc, or the Australian Dollar, would actually be outperforming gold year to date?

Fed Chairman Ben Bernanke & Treasury Secretary Hank Paulsen’s “competitive devaluation” policy, along with runaway government spending and deficits, have sank the U.S. Dollar to where it’s now actually [...]

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