Category: Latest Gold News

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U.S. gold coin sales surge after historic sell-off

(Reuters) – U.S. gold coins have been flying off dealers’ shelves this week as retail investors snapped up bargains since the metal’s historic plunge in price. The spike in gold coin sales reflects a desire among mom-and-pop investors to have

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Gold prices driven “insanely lower” – Nichols

LONDON (Mineweb) – In a brief note to Mineweb Friday evening, U.S. specialist precious metals analyst, Jeff Nichols, made the comment that the gold price was driven ‘insanely lower’ that day.  In his view the sales were not of physical

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Gold: A Great Buying Opportunity Approaches

Gold has officially entered a bear market, declining more than 20% from the September 2011 peak of US$1,924/oz. I warned in December last year and in March this year that gold was likely to fall further, even though I was

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Trust in Gold Not Bernanke as U.S. States Promote Bullion

Distrust of the Federal Reserve and concern that U.S. dollars may become worthless are fueling a push in more than a dozen states to recognize gold and silver coins as legal tender. Arizona is poised to follow Utah, which authorized

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Long and winding gold: Bull cycle about to begin

Insiders buying 7 to 1 over sellers The dramatic 2-3 day take down in gold spot pricing action smells and looks like capitulation to us at The Market Trend Forecast. We have been calling this entire 19-20 month consolidation period

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Gold And Silver – Comex Prices Manipulated? Still ‘Accurate’

Charts do not lie. There are a slew of highly respected PMs “gurus” with extensive followings. None we know of have been on target in the past year. Not only are the trends still down, prices made new recent lows,

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Gold moves up on weak US job data

Near-term outlook bullish but long-term sentiment uncertain, say observers. Gold rallied 1.4 per cent at Zaveri Bazaar here, following a global trend on disappointing American jobs data, which fuelled expectations of the US Federal Reserve going on with its bullion-

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The Assault On Gold

For Americans, financial and economic Armageddon might be close at hand. The evidence for this conclusion is the concerted effort by the Federal Reserve and its dependent financial institutions to scare people away from gold and silver by driving down

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Why gold still makes sense for long-term investors

Dominic McCormick argues gold exposure in a diversified portfolio still makes very good sense for most long-term focused investors. The case for including gold in portfolios is being questioned and challenged, perhaps more strongly than at any time in its

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PRECIOUS-Gold firms on Fed’s QE pledge, Cyprus uncertainty

LONDON, March 21 (Reuters) – Gold inched up on Thursday as a pledge by the U.S. Federal Reserve to stick with its loose monetary policy lent support, while continued uncertainty over Cyprus also triggered some buying interest. The Fed said

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