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Pascal
08-01-2012, 10:51 AM
The GDX MF is rather weak today. A very negative divergence that early in the day is not too good, but it is clear that we usually have a lot of gold strange moves around FOMC announcements.

I would like to also point to the very strong volume in NUGT. I guess that this is due to the increasing appeal of this ETF that is forcing the ETF manager to issue new units.


Pascal

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