Commodities -Update on Gold

After pausing at our initial target of $1265, gold has started to clear above that level by a good margin.  We would add to it here and are now looking for $1310 which is a MFU-3 target.  Unfortunately, not many of the gold stocks screen well on an absolute and relative basis, but we do have two that are shaping up and should be on the radar, ABX and GOLD.



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