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Chart of the Week

Gold ripped higher over the last couple of weeks and we are very bullish on both gold and silver over the coming years with any pullbacks likely to represent excellent buying opportunities – a view that ties in with our medium-term bearish outlook for the $US.

  • The path of least resistance is up and at this stage we have no reason to fight this particular trend.
MM is very bullish towards precious metals over the coming years
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Gold Spot ($US/Oz)
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