Corrections Should End Over the Next Few Months

Technical Scoop
"Our conclusion is clear. While we are going through a correction with a real risk of a fall towards the $800-$825 level it is just that – a correction within the context of bull market. That correction should end over the next few months. We should then embark on another up leg that could prove to be the most spectacular part of this bull market in Gold that got underway back in March 2001. So to answer our question “What Bubble?” it is simple – we are not in nor have we been in a Gold bubble. In fact the best may be yet to come. Investors should use this opportunity to re-balance their gold positions and also ensure that they are long bullion as well because past history has shown that bullion in these cases usually outperforms the stocks. " (4/25/08)

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