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By Mark O'Byrne |
May 3, 2012
Gold has been under pressure in Asia and Europe despite very disappointing economic data further igniting concerns about global growth and the debt crisis.Gold continues to trade in a range between $1,600/oz. and $1,700/oz.
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By Ben Traynor |
March 8, 2012
Dollar prices to buy gold were struggling to stay above $1,700 an ounce Thursday lunchtime in London, following the latest monetary policy announcements from the Bank of England and European Central Bank.
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By James Turk |
January 20, 2012
Gold and silver are safe havens because they are tangible assets. Therefore, they do not have counterparty risk. In other words, there is no risk of default, but only if you own physical metal. So how does one keep their physical metals safe?
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By Jon Nadler |
January 19, 2012
The IMF's quest for another $500 billion in lending resources managed to boost the euro for a second day this morning and lifted gold prices to five-week highs around the $1,670 resistance area before momentum waned.
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By Willem Weytjens |
January 13, 2012
Silver has a good chance of rising back towards $38 in the short term. So even though we might have seen the top in silver back in April 2011, it doesn't mean that we are bearish on commodities. In fact, I am actually quite bullish on gold and silver.
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By Ben Traynor |
January 6, 2012
Prices for buying gold hovered around $1,620 per ounce Friday morning in London - becoming marginally more volatile after release of US employment data but failing to establish a definite direction.
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By Adrian Ash |
December 22, 2011
Spot gold prices were little changed Thursday morning in London, trading at $1,610 per ounce after yesterday's sharp spike and pullback in what dealers again called "thin" trade ahead of Christmas.
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By Jeff Berwick |
December 1, 2011
The deflationists have been wrong, at least in the US, since 1938. That was the last time there was actual deflation. Our chart of the US True Money Supply dating back to 1959 show that only for fleeting moments is there any hint of that line going south.
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By JT Long |
December 1, 2011
Among the specters lurking in the ShadowStats.com editor's gloomy outlook for the US are the demise of the dollar, hyperinflation and the ongoing lack of political will to take sound corrective measures.
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By Ben Traynor |
November 30, 2011
Dollar gold bullion prices jumped 1.7% in half an hour Wednesday lunchtime in London following the announcement of coordinated action from the world's major central banks to boost the provision of dollar liquidity to the global financial system.