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stevewonders
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Will Coins and Bars Save Gold? - Przemyslaw Radomski CFA - SunshineProfits

The only thing that will save gold in 2019 is the dollar/yen. I am out of all speculative positions going into the long holiday weekend. I will look to renter the dollar/yen long in the next few weeks. The only thing holding the dollar/yen down now is the Trump chaos. This is good and the longer it last the better it will be. It is like stretching a rubber band and then releasing it. We need right now a lot more chaos to bring the dollar/yen down to about 109.50 which would push gold up to about 1292.

Commented 2082 days ago

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Beginning of the headline :There is a disconnection between paper and physical gold prices and the former has to catch up with the latter eventually. Myth or fact? We invite you to read our today’s article about demand for gold coins and bars and find out whether it will save the yellow metal.The best stories are about the conflict between good and evil, or light and dark. In the precious metals market, we also have such a narrative, or actually several variations on the theme. But one of the most popular thread is the ‘d... Read More

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