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Brien Lundin: Gold is taking a break, which may spell opportunity
By Brien Lundin
Gold Newsletter / Golden Opportunities
Metairie, Louisiana
Monday, March 24, 2025
Flash: Gold has dropped over $40 in price since last week’s high.
The gold bug reaction? A collective yawn -- because a $40 loss in gold ain't what it used to be.
I remember well, at the bottom of both the metals and miners in 2000, where that would have represented a 15% crash. Even as recently as the beginning of last year, it would have represented a 2% decline, instead of barely over 1% today.
... Dispatch continues below ...
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By the same token, a standard 10% correction in gold today would mean a drop of over $300 -- something that would rattle the nerves of even the staunchest gold bull.
It is a different world today, for sure. ...
... For the remainder of the commentary:
https://goldnewsletter.com/go032425/
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