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Premium Update

April 25, 2013, 9:37 AM

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Goldman Sachs has covered its gold short this week. Asians are buying gold so fast that Hong Kong's banks, jewelers and gold exchange are having a hard time to meet demand.

When this correction is done and the bull market takes off again, we want to make sure that you – our subscribers – and ourselves are among those that are invested. Is it time to be already back in the market? In today's Premium Update we look at:

  • The outlook for the general stock market, with prices above previous highs
  • Low volume levels on Wednesday when gold rallied
  • Analogy between current situation and late 2011
  • Thursday's early-trading rally
  • Silver's underperformance
  • Mining stocks in a major and accelerating downtrend (except for Wednesday's rally)
  • Top junior miners ranking (our top picks from last rankings outperformed GDXJ by 10%!)

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May Market Overview

Gold Market Overview

Last month a lot of negative data on the global economy was brought to light. We have already suggested in the Gold News Monitor that weak worldwide trade indicates a coming global slowdown. It is time we shared more details and in this edition of Market Overview we analyze whether the global economy is coming into recession and what it would mean for the U.S. economy (is it really decoupling from the other economies?) and the gold market.

Read more in the latest Market Overview report.

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