With the Fed coming out today giving the markets and gold holders what they want to hear, a .25 decrease in rates, we should see a continuation of gold moving higher for a bit. Maybe a week or so. Markets should follow the Fed’s lead higher too, even tough all this news should be priced into the current market. We’ll …
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15
2016
Why I Am Not All In For Gold – Yet
By: Doug Eberhardt
Category: Gold
Tags: 10 year treasury, 8 indicators, advice, CNBC, CRB Index, Deflation, Dollar, economic data, europe, ever, fed, Gold, increase, Japan, market, PBOC, quantitative easing, rate, Steve Liesman, stock, u-6, Velocity of money, vix, worst start
Gold has bounced from the $1,050-$1,100 range it had traded in and moved up about $150 and I keep getting emails asking me whether I think the $1,000 mark can still be broken. For those who have followed my call for lower prices in gold, my advice has still been the same; dollar cost average into your allocation into precious …
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