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Junior Gold Stocks Benefit from Stabilizing Equity Markets

Posted on July 23, 2008

With the Stock Market Panic behind us - for now - we are settling in for a range bound, relatively calm, second half of 08. Junior Gold Stocks should finally start to benefit as the wet blanket smothering equity markets lift. The New York Stock Exchange indicator for new lows reached an extreme of 1304 on Tuesday, July 15th. That was even worse than the 1100 new lows reached on January 22nd. Such extremes spell one thing: P-A-N-I-C....

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gold , junior , lows , markets , new lows