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PREMIUM UPDATE
July 1, 2011, 12:00 PMThe voting in Greece played out as expected and gold declined on lower tensions about the European financial system. What does it mean for gold moving forward? Gold has previously moved in tune with euro, but that has definitely not been the case in the past few days. In today's Premium Update we discuss this situation and let you know what we expect to take place in the near term.
Today's situation is quite similar to what we've seen in the past few years in a few ways and we believe this makes our current targets for gold particularly accurate. Additionally, we provide target for the HUI Index and silver. In case of the white metal, we provide 3 silver targets: the most probable final target, the near-term target and the worst-case scenario target.
Additionally we provide detailed comments on the most recent signals from our indicators. Moreover, this week's update includes up-to-date rankings of top gold- and silver juniors.
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