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CONTINUE TO HOLD GLD

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This post was just  published  on ZYX ShortChange Alert

Prior to the release of the employment data at 8:30, gold futures were down to $1596.  Equivalent in GLD is $154.50.

Employment data was weaker than expected.  This is giving bulls hope for a QE3 and they are running up gold and silver.  We see no merit in bulls argument right here.

Consider continuing to hold GLD.

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