Chris Vermeulen is first and foremost a technical trader. Fundamentals hold little interest to him, probably because he can’t make money off of them. He sees a big potential rally coming in gold, after one last round of weakness. He thinks it could be a considerable decline, which he welcomes, as it would provide confirmation to his theory. His other big play is NatGas – a/k/a the Widowmaker – as it a 2.55 low, a point from which it quite often rallies. As I said on the show, I would never bet against Chris, because he’s right so often.
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