The Fred Report - Weekly May 31, 2011
The stock market has declined for four weeks in a row, a situation that almost always produces rallies in bull markets. We expect a rally this week as well. Bonds look to have a bit more to go on the upside, but we would safeguard profits as we expect a decline in prices in the second half of the year. We expect GLD and DBC rallies to continue, whether or not the dollar rallies.
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