The Bull vs. Bear Case for Gold

The Bull vs. Bear Case for Gold Written by David Brady, Sprott Money News BULL CASE TREND Gold continues to set higher and higher lows on a daily and weekly basis. The trend is clearly up, and until some kind of support is broken, the trend must be respected. The first such support on a […]

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Consumer Confidence Crashes As Rate-Cut Triggered “Apprehensions About A Recession”

But, but, but… yesterday CNBC was telling us about how strong the consumer is and how bonds must be wrong. UMich Consumer Sentiment collapsed in August (flash data) ,slumping to 92.1 from July’s 98.4, missing all forecasts in Bloomberg’s survey of economists. The gauge of current conditions decreased to 107.4 while the expectations index dropped to 82.3, bringing both […]

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Gold At 2013 Highs Of $1,523/oz As Trump Calls The Fed “Clueless” and “Crazy” and Links Trade Wars to Hong Kong

Gold At 2013 Highs Of $1,523/oz As Trump Calls The Fed “Clueless” and “Crazy” and Links Trade Wars to Hong Kong * Gold prices consolidated today, after gold gained nearly 1% yesterday on safe-haven buying as stocks globally fell yesterday and today. * The historic drop in long-term U.S. bond yields could portend a global […]

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