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Weekly Market Insight - October 1, 2010

What has the gold bugs so excited these days? Everything and anything. So many of the traditional correlations to the gold price are breaking down, that it’s hard to discern what’s moving the yellow metal to new heights. Even we’ve caught the fever, having recently nudged our 2011 target a bit higher to US $1,400.

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What has the gold bugs so excited these days? Everything and anything. So many of the traditional correlations to the gold price are breaking down, that it’s hard to discern what’s moving the yellow metal to new heights. Even we’ve caught the fever, having recently nudged our 2011 target a bit higher to US $1,400.