Bullion is Seen Dropping to $1000 in 12 Months, Bank Says

Bullion is Seen Dropping to $1,000 in 12 Months, Bank Says

Gold Silver Reports → Goldman Sachs Group Inc. says it’s time to bet against gold as bullion’s rally to the highest in a year isn’t justified, backing the bearish call with a comment from a former U.S. leader in a report that was issued, appropriately enough, on Presidents’ Day.

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GOLD: Time for Pullback/Consolidation?

GOLD: Time for Pullback/Consolidation?

Gold Silver Report → Since the December lows, $GOLD has moved up +20%, and the advance this month has been nearly vertical (as in parabolic). At this point there are some signs that price needs to consolidate or pull back.

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Global Demand Kick off in 2015

Global Demand Kick off in 2015

Gold Silver Reports – Worldwide demand for gold dipped 0.3% on the year to 4,212 tons in 2015, with overall demand for use in jewelry sinking 3% to 2,415 tons, the World Gold Council reported Thursday.

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Gold Selling Opportunity at $ 1255 to 1260 Levels

Gold Selling Opportunity at $ 1255 to 1260 Levels

Neal Bhai Reports ~ Gold is very unlikely to beat 1260 for a long time. If we get anywhere near this level again it is an excellent selling opportunity but needs at least a 10 Point Stop Loss. I would not really feel positive about Gold unless we broke above 1280.

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Gold Prices is Expected to Achieve a Sustainable Increase

Gold Prices is Expected to Achieve a Sustainable IncreaseGold Silver Reports ~ compared with previous years, the rise in the price of gold is expected to achieve a sustainable increase, due to a weaker dollar, oil prices and concerns about the global economy, activate the safe-haven status of gold, making it the world financial market darling.

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