News Articles
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"Why Gold Rose Sharply and What Is Coming Next"
(Read More)Gold picked up more than 2.4% since Monday, July 10, thanks to the fragility of the U.S. dollar. The rising momentum started last week, following the disappointing figure of U.S. CPI and retail sales while this week, U.S. President Donald Trump’s defeat helped it advance further . . . .
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“Time to Position in Gold Is Right Now”
(Read More)In an timely piece, Rickards points out how the Federal Reserve is behind the curve, has “theories that bear no relation to reality” and has “blundered by raising rates.” This is happening at a time when the U.S. economy and stock markets are very vulnerable . . . .
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Sprott says gold might break US$1,400, driven by correction in equity markets
(Read More)Sprott Inc, the precious metals-focused money manager, sees gold rising by the end of this year as weaker-than-expected economic growth drives stock prices lower . . . .
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Gold is again heading for $1,250 on slower US growth, fall in dollar
(Read More)The precious metal last week took support at lower levels and bounced back to trade above the important resistance level of $1,225 after the US Federal Reserve chair Janet Yellen spoke about growth projections of the US economy and further increase in interest rates . . . .
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Next Gold Bull Market Driven by Equity Correction
(Read More)Sprott Inc., the precious metals-focused money manager, sees gold rising by the end of 2017 as weaker-than-expected economic growth drives stock prices lower . . . .
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Gold Futures Jump After Yellens Remarks
(Read More)The gold market rendered a quick dovish read on Federal Reserve Chair Janet Yellen’s prepared testimony to Congress . . . .
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Gold Down After Upbeat U.S. Jobs Data; Silver Suffers Overnight Flash Crash
(Read More)Gold prices have moved moderately lower in the aftermath of a U.S. non-farm payrolls number that was a big miss to the upside. Gold initially pushed a bit higher right after the employment report, but those gains were short-lived. Gold prices had traded modestly lower overnight . . . .
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What 4-Month Low? BoA/ML Still Sees Gold At $1,400 In Second Half
While gold tries to recover after falling to nearly a four-month low overnight, one bank remains optimistic that yellow metal can still shine in the second half of the year . . . .(Read More) -
Gartman Says Gold Will Move Quietly Higher
(Read More)Despite recent pressure, famed investor and gold expert Dennis Gartman says he’s "reasonably impressed" with the metal’s performance, especially as sister commodity crude oil struggles . . . .
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SA gold mines are on the brink of death
(Read More)Beginning of the end: The entire mining sector could be headed for closure as mining costs rise and production decreases . . . .





