02.11.2012 - Gold looks vulnerable, may crash if prices fall below $1700: Denis Gartman
Gold looks really vulnerable and could be heading for a crash if it breaks the $1700 support level, according to Denis Gartman, Editor of Gartman Letter. Many analysts are bullish on gold on wrong reasons, money supply (M1, M2) is expanding but a more crucial variable, the Adjusted Monetary Base of US Federal Reserve remains sideways for the past 14 months, he said...............................................Full Article: Source
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