The Fred Report - Weekly December 31, 2012

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The market may not decline much on resolution – and those short waiting for this should start to cover on the current weakness.  JJC has resistance from 48 – 51 and through this would be positive not only for the metal but also for the economy.  We recommend EWL (Switzerland) for anyone who wants a speculative position in Europe, and it has been working well and should continue to work.



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