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Papli
Member since May 2012
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>Dollar to Launch Gold  - Adam Hamilton - Zealllc
SW thanks for your precise data related to the gold silver correlation over past six months. At 26 % it is still high, given that silver has been badly mauled over this period and any reversal in gold trends is likely to benefit silver more than gold because of the former's higher beta. My next 'default' trade will be in silver not gold. After all, you agree both metals follow a trend. The time is not far when silver breaks the jinx of 1980s and redeems itself of its 'follow on' status vis a vis gold.

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Beginning of the headline :Since rocketing to new all-time highs last summer, gold has weathered a major correction. While that selloff was healthy and necessary given the excessive optimism that catapulted gold to very-overbought levels, a strong US dollar accelerated gold’s swoon. But with the dollar now as overbought and wildly popular as gold was in August, this currency itself is due for a major selloff that is likely to launch gold... Read More
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