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By Jon Nadler |
December 11, 2012
This morning’s headlines were dominated by the two remaining stories that really matter to investors for the remainder of this year: the Fed meeting and the Fiscal You-Know-What.
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By Ben Traynor |
December 5, 2012
The wholesale market gold price traded just above $1,700 an ounce during Wednesday morning in London, having risen back above that level in the earlier Asian session, though they remained near one-month lows.
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By The Mad Hedge Fund Trader |
November 13, 2012
The bottom line for all of this is that we are just seeing a market correction, not a major collapse, that the medium-term trend is still up, and that you should probably be buying here and not selling.
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By Will Bancroft |
November 9, 2012
The dollar cost of getting into the Oval Office has been rising at a stunning pace, and this is no new phenomenon. Interestingly though, the cost in gold ounces of running for office has not been rising nearly so fast.
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By Jon Nadler |
November 6, 2012
Metals markets opened marginally higher on this US Election Day as the US dollar traded virtually flat and as crude oil advanced by about thirty cents per barrel. Speculative participants appeared to be willing to take only small bites at the market.
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By Frank Holmes |
November 5, 2012
Americans will be united in heading to the polls Tuesday to determine who they want to be the next president and vice president. After months of experts, news reporters and the candidates inundating us, voters have the last word.
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By Bill Bonner |
November 5, 2012
As more and more of these currency units – call them dollars, call them yen, call them euros, call them renminbi – are issued, it would make sense that the nominal, non-inflation-adjusted price of resources over time should go up.
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By Jon Nadler |
November 2, 2012
The US dollar broke substantially above the pivotal 80.00 mark on the trade-weighted index this morning, prompting fairly sizeable selling in the precious metals’ complex. Spot gold fell to an overnight low of $1,705 while spot silver showed bids near $31.80 per ounce.
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By Mark O'Byrne |
October 31, 2012
Gold inched up on Wednesday but traders remain cautious ahead of the nonfarm payrolls report and the imminent US presidential election. The devastation of Hurricane Sandy will be a further blow to the already fragile U.S. economy.
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By Chris Marcus |
October 24, 2012
As the US presidential election draws closer, many continue to wonder how the outcome will affect financial markets. Among gold market observers, there has been speculation about how the metal might react if Mitt Romney wins.