Worst 2-day sell-off in Gold; pre-market news lukewarm
By: Matthew Whiz Buckley
In today’s Market Situation Report, WCI’s Chief Investment Strategist Matthew ‘Whiz’ Buckley discusses the implications of the Boston tragedy, the past few days in the market, which have been nuts, and the spiraling Gold sell-off.
In regard to the “giant squids,” AKA Goldman Sachs, ‘Whiz’ reminds us to remain long-term bullish after their earnings surprise this morning.
“It looks like Gold might be a buying opportunity, but be very careful that this isn’t a dead-cat bounce,” says ‘Whiz.’
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