Browsing Category Updates

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PRECIOUS-Gold hits 3-month high

LONDON, Feb 23 Gold prices hit a three-month high on Thursday after the minutes of the latest Federal Reserve policy meeting further dampened expectations of an interest rate hike in March, lowering U.S. bond yields and stalling upward momentum in the dollar. Spot gold was on track for its biggest daily gain since Feb. 6, ...

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Mining stocks upstage oil

Mining stocks are outpacing oil-related peers in a "reflation rally" sparked by U.S. President Donald Trump's election and the outperformance will last for at least another year if history is a guide. View post

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Three Reasons to Consider Gold Now

In uncertain times, gold often becomes a popular investment because many investors see the precious metal as a safer haven than other options. Adding to gold’s allure is the strong performance of the metals sector in 2016. View post

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Swiss Money Manager Predicts Social Unrest, Wars and These Price Levels for Gold and Silver

Egon von Greyerz, the managing director of Matterhorn Asset Management in Zurich, gave some dire economic and social predictions in a recent interview with Eric King. von Greyerz is known for his accurate predictions about Quantitative Easing, historic moves in currencies and that the Swiss National Bank would incur heavy losses. That's why whenever Mr. von ...

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Former Soros Associate Says Gold Headed Above This Level

A former business associate of George Soros - who just accurately predicted the Q3 GDP number - now has a prediction for the price of gold in the short to medium-term future. Victor Sperandeo, who manages over $3 billion, has 45 years in the money management business, and has worked with business icons such as ...

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Shift In These Traders’ Positions Could Mean Big Bounce in Metals Prices Soon

A recent change in the amount, type and number of short commercial positions on gold and the US Dollar should give optimism to gold and silver investors. Here's the report from Jason Goepfert at SentimenTrader and King World News: "... commercial hedgers have been dramatically reducing their short positions recently in the silver market. The commercial shorts ...

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