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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%!)

Aug Market Overview

Gold Market Overview

The programs of active purchasing of government debt and commercial assets may be curtailed. Yet, as we have often discussed at length, it is not the most important element.

Read more in the latest Market Overview report.

Metals charts

  • Gold chart
  • Silver chart
  • Platinum chart
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