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Not everyone agrees with me. Some believe that gold mining companies have underperformed because investors understand that a recession is a temporary event.
They forget that the recession talk started recently -- just a few months ago. Sure, gold really took off when the fallout from the housing bubble began to threaten big banks. Gold will always rally when there's a financial crisis.
But they forget that gold prices rallied right along with stocks for much of the last few years.
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These two mistakes are common and cause of loosing real deposit for those who make them yet there easy to avoid. If you are a new forex trader obviously don't make them! If you are already trading for a long time avoid them and you could turn go from losing to winning quickly.
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