What’s Up with Gold?

By Tim McMahon

I’ve told you in previous articles that Gold is primarily a crissis hedge rather than an inflation hedge meaning that it will do well in both an inflationary or deflationary market.  The primary condition is uncertainty.  At the moment the markets are getting complacent… they have factored in all the bad news and so gold is drifting lower.  Some have suggested that gold has made a double top. Click here or on the chart below to hear some technical analysis commentary by Adam Hewison of Ino.com about the current condition of gold.

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