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Takeaway: Gold is nowhere near confirming anything at all except a dead cat bounce.

After crashing throughout 2013, Gold, Yen, VIX (volatility) were all up yesterday.

Yes, I will be fading that counter TREND move (shorting Gold and buying US and European equity beta) on that.

Sorry, but Gold is nowhere near confirming anything at all except a dead cat bounce.

Fade the Dead Cat - Gold Dead Cat

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