
My Dear Friends,
Talk of further Fed easing if the economy continues to weaken put gold thrhttp://www.blogger.com/img/blank.gifough the technical overhead resistance, driving the algorithms bullish as gold sets up for $1600.
There is no question the economy is going into a double dip which will be lower on the second dip. Quantitative easing will continue with vigour.
Gold is setting up for the $1600- $1650 battle royal.
Regards,
Jim
http://www.jsmineset.com/2011/07/12/in-the-news-today-914/
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