Tuesday, February 21, 2006

Gold ETFs Changing Market Dynamics

An expected pullback for gold got underway about two weeks ago and after a $40 retrace the metal has bounced off the technically popular 50-day moving average. Whether that’s it for this pullback remains to be seen, but meanwhile there is little doubt that the dynamics for the gold market are changing, and changing in a profound way.

We lead off with some commentary on Gold ETFs this week. Regular weekly commentary begins below that.

( Full story here )

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