Monthly Archive: December 2012

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Still expecting rebound in JPY and Gold

  Sentiment has remained compressed in these “risk-off” trades, as stocks have remained near their highs on neutral sentiment. I’m expecting sharp reversals in the near future, though I am long-term bearish on the...

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Intermediate-term set-up for a gold rally?

Traders have been bearish on gold and gold stocks since late October, the longest stretch in recent years. All such previous instances were followed by significant multi-week rallies. Here’s a daily chart, showing some...