Thursday, January 23, 2014

Gold Trapped In Heavy Market- Kitco's Hugg

I side with Hugg here. The market just feels like, to use his terms in the below video, heavy. Although the junior miners have caught a bid, we have seen no confirmation in the major gold miners. This is while the rally in the yellow metal has occurred on little volume support. However, I find the idea that the US dollar will be higher to a strengthening economy as bunk.

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