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This Past Week In Gold
Jack Chan
June 6, 2009

 

GLD - on buy signal as of early May.

SLV - same here.

GDX - sell signal this week.
This last buy set up produced an 18% profit.

XGD.TO - sell signal this week.
Unlike GDX, this Cdn ETF only produced a tiny profit, due mainly to the extreme currency fluctuation of the past few weeks.

Summary

Two out of the four ETFs gave us sell signals this week.
The other two should follow.


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