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3/18/16

Chart of the day is...

...gold, dailies:


One thing about the goldbug community is its propensity to go direct from boom to gloom, there's not much space devoted to the large range of sentiments between the extremes in which they spend most of their time. Take for example today, the gold cheerers are all depressed and down because their metal failed to break U$1,270 and is now, oh horror of horrors, sixteen dollars cheaper!

That chart looks healthy enough to me but hey, WTFDIK?