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By Adrian Ash |
May 20, 2013
What use is gold? Besides jewelry, outrageous cutlery, money, microchips and a thin veneer for astronauts' visors, gold once got sizable demand from dentists.
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By Jeffrey Lewis |
May 20, 2013
In the context of the current U.S. dollar valuation bubble, silver’s eventual price rise seems inevitable. Silver is one of many sought after investment choices when risk aversion is high.
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By Adrian Ash |
May 20, 2013
Wholesale prices for gold and silver rallied from a fresh plunge in early London dealing on Monday, rising to stand unchanged and 2.3% lower respectively from the end of last week's trade by lunchtime.
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By Mark O'Byrne |
May 20, 2013
Silver fell victim to heavy, concentrated selling overnight in thin, illiquid Asian trading. Silver was slammed 10% and fell from $22.36/oz to $20.30/oz in just four minutes.
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By Alasdair Macleod |
May 20, 2013
There has been a growing shift in favor of assets relative to bank deposits. This was initially encouraged by zero interest rates, but more recently there is little doubt that Cyprus’s bail-in has accelerated the trend.
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By Joe Richter, Bloomberg |
May 20, 2013
Hedge-fund managers are making the biggest ever bet against gold as billionaire George Soros sold holdings last quarter and Goldman Sachs Group Inc. predicted more declines after the longest slump in four years.
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By Jeffrey Lewis |
May 17, 2013
Many people have been asking why they should trust these COT numbers when just about every other important economic indicator is tampered with, or distorted, and then trumpeted to the complacent masses via the mainstream media.
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By Przemyslaw Radomski |
May 17, 2013
There’s significant investment demand for physical gold bullion at the current prices – what does it mean for the market? That it’s going higher in the long run and that the current move down is just a correction. It doesn’t imply that the bottom is already in.
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By Adrian Ash |
May 17, 2013
Gold prices failed to hold a rally above $1,380 per ounce in London on Friday morning, trading 5% down for the week as world stock markets held steady.
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By Mark O'Byrne |
May 17, 2013
The United States government is to rigorously enforce a ban on gold sales to Iran from July 1. They are planning to block sales of gold to Iranians in order to undermine the Iranian currency, the rial, and to step up pressure on Tehran over its nuclear program.