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Thursday, November 03, 2011

Gold Is Nothing But A Metaphor For Fear

Gold Is a "Fear Index" That Must Come Down ... That's sort of how Don Hays views gold, as an indicator that's in the way of the next great bull market. It's also why the chairman and chief investment strategist at Hays Advisory wants and expects to see prices fall. "Gold, pure and simple, is a fear index," says Hays in the attached clip. "People try to paint it with a lot of different colors, but it's a fear index." – Yahoo

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