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Tag Archives: Charles Cox of UBS

GOLD: FINDING ITS FOOTING

Today’s gold action was bullish, plain and simple. The New York market opened with a nosedive in bullion, which knocked down the mining shares across the board. Within the first 15 minutes of trading, you had a chance to buy Newmont Mining (NYSE: NEM), recommended as a speculation on Friday’s Hotline, well below $41.