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Casey’s Jeff Clark shares his observations about where the price of gold may be heading in years to come. Regular readers know that my opinion differs from Clark’s in the short term, as I think gold is in for a massive correction. However I do agree that the most likely medium to long term scenario […]
Some interesting trading research and musings by Jeff Clark today, as he describes a method to time the buying and selling of gold stocks. Clark’s found that when the eight-day moving average crosses above the bullish percent index, it’s time to buy – and when the converse happens, it’s time to sell, or go short. […]
Well, we sold our gold stocks after May this year, on cue with the old addage “sell in May and go away.” We were alarmed that the gold market appeared to be looking a bit toppy, at least in the short term, so we took profits and went to the sidelines. And now we’re “safely” […]
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