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Extraordinary stimulus procedures from governments and also central banks suggest that gold is embarking on what might be one more decade-long booming market. Still, financiers have to await the outbreak, according to one market analyst.
In a meeting with Kitco News, Adam Button, chief money planner at Forexlive.com, said that rather than getting the dip as the gold market churns within a two-month-long holding pattern, he is waiting for the breakout to jump into gold.
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For gold investors, buy the breakout not the dip - Forexlive
Unprecedented stimulus measures from governments and central banks mean that gold is embarking on what could be another decade-long bull market. Still, investors have to wait for the breakout, according to one market analyst.
In an interview with Kitco News, Adam Button, chief currency strategist at Forexlive.com, said that instead of buying the dip as the gold market churns within a two-month-long holding pattern, he is waiting for the breakout to jump into gold.
__________________________________________________________________
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