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Phil A
Member since May 2012
77 commentaries - 2 followers

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has posted a comment on the article :

Gold Overbought

- Adam Hamilton - Zealllc

As usual Adam your wrong and you should consider finding another occupation. Gold is overbought and will remain overbought for a longtime to come. You can blame the manipulating cartel for this circumstance. If J P Morgan are suggesting $2500 by xmas then any sell offs between now and then will be short dont you think? (sarchasm intended)
Why bother with any technicals on gold and silver when both have and to differing extents still are manipulated by TPTB its pointless!

Commented 4626 days ago

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Beginning of the headline : Gold has enjoyed an amazing rally in recent weeks, catapulted higher by the extreme fear sparked by the sharp stock-market correction.Naturally such big and fast gains have led to a surge in gold's popularity among investors and speculators, as everyone loves a winner.But gold prices flow and ebb like everything else, and this metal has become very overbought today... Read More

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