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DGLD - Gold Stock Internal Weakness Still A Problem
Credit Suisse AG
With the latest U.S. corporate earnings season about to begin, gold will have another opportunity to rally in the month of April. However, the metal must for now contend with a couple of immediate obstacles, including a strong dollar and weak demand for gold mining shares. We’ll discuss these obstacles in today’s report as I make the case for the current weakness in the precious metals market giving way to strength by later this month. We’ll also look at the continued internal weakness plaguing the gold mining stocks in the wake of the biggest merger