GOLD - If you think that Gold needs to take out the Fed induced rally on credit contagion in starting in ’07 then $920 is your level on Gold (GLD, quote). 

Image courtesy the Bank Of England: will remain a diversification tool that is more important than it was in 2001 when many started thinking about Gold again as Fed began greasing the rails.

I would prefer to take profits $1050-$1100


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