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Why This May Be the Perfect Entry Point for Buying Gold

As the article below spells out, gold has dropped about $40/ounce recently due to annual commodity index rebalancing. This pullback may represent the best opportunity to buy gold for the remainder of the year. Interestingly, our g ...

Posted On January 06, 20091 MIN Read
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As the article below spells out, gold has dropped about $40/ounce recently due to annual commodity index rebalancing. This pullback may represent the best opportunity to buy gold for the remainder of the year.
Interestingly, our gold stocks continue to rise sharply in price, even in the face of the decline in the commodity itself. This has not happened in at least a year and I view this as a very bullish indicator.

Any further pullback should be used to initiate or add to your holdings in precious metals stocks, or in the commodity itself.

Kip Herriage

Editor, VRA...

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