Loading ...gold and silver may be about to turn. Although I’ve been using an $820 downside target for gold that remains viable, I will nonetheless be watching for the subtlest technical evidence that bullion’s five-year selloff is over. The world has never looked scarier to me, and Obama’s subversive, incredibly reckless parting shot has made it still moreso. Under the circumstances, for the first time in decades, bullion may actually be a buy on geopolitical news. While it may be possible to undo Obamacare and other policy disasters hatched by the President, the global crisis he has set in motion by having the U.S. abstain from the Security Council vote will be far more difficult to deal with.
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