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OPPORTUNITY KNOCKS — A Quick Note on Recent Gold-Price Action - Jeffrey Nichols - Nichols on Gold

Jeffrey thanks. The base for gold and silver are now authentically fixed at $ 1700 and $ 33 even if some more dips from higher levels are ordained. If this is the fifth time we have dipped in almost as many months, I do not think a sixth dip is likely in the near future. It may be worth the while to go for the kill this time.

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Beginning of the headline : This past week’s dramatic gold-price action - with the metal falling some 5.8 percent from a Wednesday high of $1,790 an ounce (in European trading) to a low of $1,687 (in after-hours New York trading) - does nothing to dissuade us from our super-bullish long-term view of gold-price prospects... Read More

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