Gold Silver Reports — Investors can take advantage of this irrationality via buying the dip in gold and silver every-time that Yellen yaps about raising interest rates.
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Are You Prepared For Rising Interest Rates???
Gold Silver Reports — St. Louis Federal Reserve President James Bullard said global markets appear to be “well-prepared” for a Summer interest rate hike from the US Fed, he did not specify a date for the policy move.
Gold Target $1370 Year End, Dutch Bank ABN AMRO
Gold Silver Reports — The big Dutch bank ABN AMRO reiterated its $1370 year-end target for gold, which they originally set last February, after gold’s first move above $1240.
Gold Slip While Silver Weekly Jump
Gold Silver Reports — Gold retreated from a 3-week high as the dollar strengthened after an employment report eased concern that the U.S. labor market was slowing. Silver headed for the biggest weekly advance since April as holdings in exchange-traded funds edged nearer to a record.
The Biggest Bet Ever on Silver
Gold Silver Reports — For all the concerns whether the rally in precious metals will last, investors are close to making the biggest bet ever on silver.
RBI Is Widely Expected to Keep Its Policy Interest Rate Unchanged
Gold Silver Reports — RBI Governor Raghuram Rajan, a much admired former International Monetary Fund chief economist, could be chairing his penultimate policy review, with investors waiting to hear whether the government plans to extend his 3-year term beyond September.
OPEC Head Calls for $65 Oil
Gold Silver Reports — A minimum price of $65 a barrel for oil is “badly needed at the moment” according to Qatari energy minister Mohammed bin Saleh al-Sada.