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February 17, 2016 | Rise in Gold Will Be Bumpy Ride

Eric Hadik began studying & trading the futures markets in the early-80’s - eventually providing his analysis & trading strategies to multi-national oil companies & top-20 banks. In the 90’s, while continuing to trade, Eric consulted dozens of gold & silver miners & manufacturers - before founding INSIIDE Track Trading and providing similar analysis to institutional & individual traders. His work has been featured in IBD, WSJ, Barrons, on CNBC and most recently at Forbes. His trading approach begins with extensive cycle & wave analysis, then honed by specific technical indicators & trading signals (which are reserved for his subscribers).

Positive Equity Markets Deceiving

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Archives February 17th, 2016

Posted In: Radio

One Comment

  • Avatar DaveintheUK says:

    I noted on the longer term charts that the price spike in gold in on the Central Bank Gold Agreement in late 1999 after the bear market low at $252.80 eventually went down close to retesting that low around $255.

    If you look at the HUI or XAU gold stock indices over that time, they went to new lows in 2001 and by quite a margin. They had a typical late bear market crash to these lows, even though gold made a higher low in early 2001.

    It’s going to be interesting in the gold space in 2016.

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