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5 Up Down

Gold, sell the news ?

http://gicharts.blogspot.com –

Was this a case of buy the rumor and sell the news ?
Focus on DB Gold Short ETN (DZZ)
1) The $USD Dollar index did NOT go down ...... resisted quite well !
2) The International Monetary Fund has sold 200 tons of gold to the Reserve Bank of India for $6.7 billion, quietly executing half of a long-planned bullion sale.

Read the full story...