Gold's Down Today, So Gold Bullish David Skarica Had His Wish Granted!

Here's what he wrote to his followers on Monday this week,


"As a long term bull on gold as I am I must stress that I think
we are nearing a big correction in gold. The market is extremely
overbought and nothing goes up for ever. I think part of this is
sustainable i the long term cause we are seeing massive central
bank buying from China, India, and other emerging markets. Buying
that should go on for years.

However, we are now about 11% above the 50 day moving average.
I would really like to see the market pullback to this."

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