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Tuesday, December 15, 2009
2X USD and What About Gold, and a Total Market Chart (-.5% today), JNK
I personally think of gold as a long term buy and hold. You never sell it unless you are in dire straits.
USD now is in a rising wedge....you may see pullback. It has had quite a pop.
Gold has also had quite a drop. So a relief rally is in the cards.
Check out this Fund RYSBX....not as squirrely as UUP perhaps. But you can only buy and sell end of day.
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