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PRUDENT OBSERVER

Global Macro Commentary

Wednesday, May 28, 2008

Euro is losing steam

Chart looks pretty ugly. This could be bad for PM, which is already getting pounded this week. Also, with a potential bond correction around the corner, we may seem some deleveraging across the board.

Posted by Warren at 11:57 PM

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      • Gold : Crude Ratio
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      • Almost time to start accumulating gold
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