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Has Time Run Out for the Gold Rally?Has Time Run Out for the Gold Rally?

Frank Holmes (October 9th, 2009) Writes:
With gold continuing to hit new highs, I appeared on the Fox Business Network to explain the drivers behind the recent gold moves and how I feel about certain emerging markets. I shared with hosts Liz Claman and David Asman why I believe gold could take a breather here soon before finishing the year strong. Gold could easily move up about 10 percent or move down 10 percent over the next 60 trading days. But historically, gold corrects in October and November, then you get your rally going back toward the end of the year. Watch the Full Interview By clicking the links in this article, you will be redirected to a third-party website. U.S. Global Investors does not endorse all information supplied by this website and is not responsible for its content. All opinions expressed and data provided are subject to change without notice. Some of these opinions may not be appropriate to ...

Has Time Run Out for the Gold Rally?

Frank Holmes (October 9th, 2009) Writes:

With gold continuing to hit new highs, I appeared on the Fox Business Network to explain the drivers behind the recent gold moves and how I feel about certain emerging markets.
I shared with hosts Liz Claman and David Asman why I believe gold could take a breather here soon before finishing the year strong.
Gold could easily move up about 10 percent or move down 10 percent over the next 60 trading days. But historically, gold corrects in October and November, then you get your rally going back toward the end of the year.
Watch the Full Interview
By clicking the links in this article, you will be redirected to a third-party website. U.S. Global Investors does not endorse all information supplied by this website and is not responsible for its content. All opinions expressed and data provided are subject to change without notice. Some of these opinions may not be appropriate to …


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