The FRED Report

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The Fred Report - Weekly October 11, 2010

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We could be starting a yearend rally now rather than after a drop in October.  We have enough of a buy pattern on the dollar to suggest caution if you are trading the currencies is warranted – a sharp rally is possible.  While we like the looks of gold intermediate-term and it remains a favorable investment for us here, the GLD is primed to have a short-term sell off.


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