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Gold/Mining/Energy : KITCO - Gold discussion
GLD 368.78+0.2%Nov 3 4:00 PM EST
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From: Trinovant6/9/2016 10:32:47 AM
   of 989
 
Marketwatch: ' "As a precious metal with an industrial character, silver is presumably also profiting from the sharp increase in metal prices," Commerzbank analysts said in a note. '

They also say:

Buying of U.S. Treasurys early Thursday suggest that investors are hunting for safety and relative yield as negative interest rates emerge in Europe and as fears about the U.K. leaving the European Union unsettles markets. Yields on 10-year benchmark Treasury notes TMUBMUSD10Y, -2.27% on Thursday hit their lowest level since Feb. 11. Those factors can be supportive to gold prices.


Well of course, since gold is nobody's liability, and now with NIRP, the property of just sitting there unchanged actually works in your favour!!

Adam Sarhan, CEO of Sarhan Capital, said Thursday that nearly every commodity market in the world is headed for a new bull market. Gold, silver, oil and soybeans are best placed for this big rally.


ToDaMoon!!
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