Thursday, July 8, 2010

Why is gold going down?

http://www.ino.com/info/583/CD16/&dp=0&l=0&campaignid=3

This market has surprised many people as they were
expecting gold to continue up to the $2000 level
without any problems. Normally when you have such
the unanimous viewpoint, the markets tend to go
the other way. The reason for this is that everyone
who is bullish is normally long the market. The current
breakdown in the yellow metal has not changed the overall
longer-term bullish trend for this market.

The question is, how far will the gold move to the downside,
and where is support? In this new video we point out some very
positive signs as well as some troubling aspects that we see in
this market.

This is a video I think you will get a lot out of and as always
you are free to watch it without registration. I hope that you
have the time to comment about this video and share your thoughts
on the gold market.

http://www.ino.com/info/583/CD16/&dp=0&l=0&campaignid=3

All the best,
Adam Hewison
President of INO.com
Co-founder of MarketClub

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