How Deep and How Long?

Today's brutal pullback in oil and tag-along pullback in metals could be a one-day "terror-blip", or it could be the start of a playable pullback. One of my more bearish compadres wrote to me to say he thought we were near some "resolution" on gold. Oh, if only it were that easy, Horatio!

Since I'm long-term bullish, I'll use this pullback as a "Filenes' Bargain Basement Sale" to add to portfolios. Here are some charts to consider.

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