Invest In Gold – 46 Trillion Reasons Why

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Buy Gold – 46 Trillion Reasons to Buy

By Robert Guy in Barron’s
Gold’s 200-day moving average again proved to be a barrier for the precious metal, which in late Asian trading was around $1,250 an ounce. It had traded as high as $1,258 an ounce overnight.
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But the pullback is unlikely to dent the faith of gold bulls who remain convinced that the yellow metal’s worth will be proved over coming years as the Fed attempts to normalize U. S. interest rates.

This post was published at Gold Core on April 4, 2017.