The Dean’s Trades: Buy GOLD @ $44.30

September 23rd, 2008 at 10:46 am Posted by The Dean

I bought Randgold Resources (GOLD) this afternoon in after hours trading @ $44.30. GOLD is trading in the middle of its Bollinger Band entry and exit points, but in a deflationary atmosphere, gold and related industries tend to be a flight to quality buying opportunity. Look for a 20% increase in the weeks to come.

Happy Trading, The Dean

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