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By JT Long |
May 15, 2013
As to the allegedly strong dollar, James Turk suggests comparing it to the price of gold rather than other fiat currencies for a better picture. And the world's newest currency—Bitcoin—has a lot in common with one of the oldest—gold.
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By Austin Kiddle |
May 15, 2013
Bubble talks about bonds and stocks have surfaced as have the concerns that the Fed will taper off its QE program sooner than expected. Strength in physical gold demand has countered the gold-backed ETF outflows.
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By Jordan Roy-Byrne |
May 14, 2013
Gold sellers are gone and the buyers are scant. We believe the bottom is in and a rebound should begin very soon. However, we are more concerned with what will be the driving force for a sustainable rebound that will evolve into a new cyclical bull market.
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By Ben Traynor |
May 14, 2013
"Due to U.S. dollar strength and record levels in European shares, gold has been losing its 'safe haven' appeal in recent days," says a note from German-based refinery group Heraeus.
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By Mark O'Byrne |
May 14, 2013
The European Union will today meet to discuss and move forward the proposal to ‘bail-in’ depositors with savings of more than €100,000 as part of future bank wind-downs.
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By Austin Kiddle |
May 10, 2013
During the week ending May 9, the gold-backed ETP holdings rebounded 0.1% to 2,241.708 metric tons, the first rise since the beginning of April. In India, gold imports will likely top 100 tonnes in May.
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By Austin Kiddle |
May 8, 2013
After rising for two consecutive weeks, the U.S. Comex gold futures fell 1% week-to-Tuesday to $1,448.80 although prices touched $1,458 on Wednesday Asian morning. The story of the week is still rising equities.
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By Frank Holmes |
May 7, 2013
During the first week of May every year, the maxim “Sell in May and go away” gets taken out, dusted off and powered up as a reason to sell stocks. Here are reasons to leave it in storage this year.
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By Mark O'Byrne |
May 7, 2013
Ireland’s Finance Minister, and current European Council President, Michael Noonan, is introducing a proposal to European finance ministers that will hit depositors that hold more than €100,000 in the event of future bank collapses.
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By Debarati Roy, Bloomberg |
May 6, 2013
Hedge funds increased positions on a gold rally by the most in three weeks as central banks signaled no end to economic stimulus, driving prices higher just as analysts and traders turned the most bearish in three years.