The Case for A 19% Gold Price Surge in 2017

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Although the price of gold today (Friday, Jan. 6) is down 0.5% to $1,175 this morning, the biggest story for gold recently is its 2016 rebound.
In fact, gold prices are coming off their first annual gain in three years.
In our update just before the holidays, we considered the possibility that – with gold trading down below the $1,130 level – maybe sentiment had become sufficiently negative for at least an interim bottom.

This post was published at Wall Street Examiner by Peter Krauth ‘ January 6, 2017.