It was another yo-yo week for the precious metals as they were hit hard Monday through Wednesday on further technical selling. The breakdown from our $1310 area triggered stops and pushed gold below $1280 and made a spike low of $1260. Yellenomics fortunately came in to save the day as Janet Yellen (the next Fed Chair) said in a testimony that she is in no hurry to stop spending programs anytime soon. ...
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