Last Friday Wasn’t the Beginning of the Gold Short Trade

TThe GC or GLD trade didn’t begin Friday and frankly if this were any other move, we’d likely be hearing cries of this being a parabolic move. This accelerating is a continuation of a trade that conservatively was valid through late-December 2012 and January 2013. The last time there was even a time…

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Last Friday Wasn’t the Beginning of the Gold Short Trade