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Precious Metals Santa Claus Rally

Precious Metals Santa Claus Rally
Category: Market Reports
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Posted: 12-21-2015 05:23:00 PM

The 2015 market of choice still very active today. Only Santa knows how low oil will go before the ball drops in Times Square.

Sorry for the late edition folks, just got off a plane from Dallas and I’m now in the office reviewing the market.

Dollar index is lower and the Euro higher this late morning, creating a Santa Claus rally in the precious metals.

Many Wall Street Traders are off till the New year, so I don’t expect any significant action until 2016. Metal retailers reporting some late buyers in the stores, but that’s the only way you can buy metal now to put under the tree.

The 2015 market of choice still very active today. Only Santa knows how low oil will go before the ball drops in Times Square.

I can’t spend too much time on my comment today. To be honest there isn’t too much
to write about today and besides I didn’t get a Christmas gift for my wife so I better get to it or for sure I’ll get coal in my Christmas stocking.

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About The Author

Walter Pehowich Author Name: Walter Pehowich
This editorial has been prepared by Dillon Gage Metals. This document is for information and thought-provoking purposes only and does not purport to predict or forecast actual results. It is not, and should not be regarded as investment advice or as a recommendation regarding any particular security, commodity or course of action. Opinions expressed herein are current opinions as of the date appearing in this editorial only and are subject to change without notice. Reasonable people may disagree about the opinions expressed herein. In the event any of the assumptions used herein do not prove to be true, results are likely to vary substantially. All investments entail risks. There is no guarantee that investment strategies will achieve the desired results under all market conditions and each investor should evaluate its ability to invest for a long term especially during periods of a market downturn. No part of this editorial may be reproduced in any manner, in whole or in part, without the prior written permission of Dillon Gage Metals. This information is provided with the understanding that with respect to the opinions provided herein, that you will make your own independent decision with respect to any course of action in connection herewith and as to whether such course of action is appropriate or proper based on your own judgment, and that you are capable of understanding and assessing the merits of a course of action. You may not rely on the statements contained herein. Dillon Gage Metals shall not have any liability for any damages of any kind whatsoever relating to this editorial. You should consult your advisors with respect to these areas. By posting this editorial, you acknowledge, understand and accept the foregoing.

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