6/23/12

Gold

The sharp decline in gold is proving - one more time - that gold is a commodity and behaves like one.

Its trend is down like all other commodity indexes - including oil.

All these commodities are responding to deteriorating business conditions. Is the trend of commodities saying we are already in a recession?

George Dagnino, PhD, Editor
The Peter Dag Portfolio.
Since 1977
2009 Market Timer of the Year by Timer Digest
Portfolio manager

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