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John Townsend

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S&P500, GLD & GDX Down More Or Now Up?
By John Townsend - July 6, 2010
It's mid afternoon Tuesday and the markets are selling off - still. It seems like it will never end. Big red candles on every chart I look. The VIX, the temperature gauge of fear, is rising again and the news headlines are filled with gut...
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With gold stolen by Conquistador Francisco Pizarro from the Inca Empire in 1532, Spain financed its conquest of Europe.

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