PFE - Gold: The Correction Is Finally Over

• The correction in gold has been ongoing for about four months now.
• In fact, during this time frame gold had declined by as much as 15% from peak to trough.
• However, despite the drop, the intermediate and long-term backdrop remains extremely favorable for the precious metal.
• Additionally, price action in gold miners is suggesting a bottom in the GSM (gold, silver, and miners) market is likely in.
• Gold is likely headed substantially higher.

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