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CHART: Gold Nearing Multi-Year Buy Signal

March 28, 2014

    GOLD HASN’T DONE THIS SINCE 2001

    CHART: Gold Nearing Multi-Year Buy Signal

    FTMDaily.com – Yesterday, I demonstrated that gold mining stocks were nearing a long-term buy signal. It may take a few more weeks, or even a few months, before this buy signal becomes valid, but we are getting close.

    Today, I want to show you what I found last week when I ran physical gold through our Trigger Trade system. What I found is very exciting for long-term gold investors. See the chart below…

    $gold-032714

    (Watch video of Jerry Robinson explaining the above chart here.)

    In essence, our Trigger Trading system is demonstrating that gold’s pullback in price over the past couple of years has caused the metal to set up nicely for yet another major leg higher. Based upon our analysis, gold is getting very close to presenting investors with one of the best entry points since 2001. As always, we will alert our FTM Insiders in real-time when this new multi-year buy signal is confirmed.

    If you already own gold then you are well positioned for the next move higher. However, if you do not own any physical gold yet, its a good time to consider adding some to your investment portfolio.

    Until Monday,
    Jerry Robinson


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