Commodity Trade Mantra

Posts Tagged ‘Nasdaq Composite’

Is it Time for the Gold Bugs to Admit Defeat?

Gold prices have fallen by more than a third since its 2011 high & the downturn exceeds the 2008 waterfall selloff. Many technical analysts are saying that the “damage” on the charts is too great for gold to recover – The rout is so bad, even hardened the goldbugs have grown quiet lately.

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