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Gold/Mining/Energy : Gold and Silver Miners and the U.S Markets.
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To: CurveBall86 who wrote (1911)6/26/2014 10:50:25 AM
From: The1Stockman  Read Replies (1) of 1954
 
Your Mobile Link works for me, ...

<"Gold declined for the first time this week in London on concern that an advance to a two-month high is curbing physical buying and as investors weigh the outlook for the U.S. economy. Bullion for immediate delivery traded at $1,310.98 an ounce 11:39 a.m. in London, down 0.6 percent from yesterday, according to Bloomberg generic pricing.

Any clamp-down by Chinese authorities on financing deals involving the metal would probably put downward pressure on gold prices in the short-term, said Jens Naervig Pedersen, a Copenhagen-based analyst at Danske Bank A/S.

China’s gold imports from Hong Kong fell 20 percent in May from a month earlier as increasing volatility in the Chinese currency made the precious metal less appealing to local investors.

Net imports totaled 52.3 metric tons last month, compared with 65.4 tons in April and 106 tons a year ago, according to calculations by Bloomberg News based on data from the Hong Kong Census and Statistics Department today.">

A slight set-back, ... and whats to look at as far as our economy goes, ... its a mess, just like theirs is, and they know it, the rest of the paragraph above is looking back.
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