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Why the Financial Gurus Are WRONG About Gold :: The Market Oracle ::

Longtime gold bashers are gloating over the precious metal’s recent price slump. Gold prices have declined more than 10% in the first quarter of 2021. But the perma-bears shouldn’t feel vindicated. After all, anyone who heeded their advice missed out on gold’s record run in 2020 – and on many years of outperformance since 2001. While gold bugs are often accused of having an unhealthy obsession with the metal, the “anti-gold” bugs reveal a deep-seated bias that can only be ...
United States Dave Ramsey James Altucher Stefan Gleason Ibbotson Associates Money Metals Exchange

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Here's What's Eating Away at Gold :: The Market Oracle ::

Gold is dodging bullets, as it comes increasingly under fire from rising U.S. interest rates and a USD that is poised to surge. Catching unsuspecting traders in yet another bull trap , gold’s early-week strength quickly faded. And with investors unwilling to vouch for the yellow metal for more than a few days, the rush-to-exit mentality highlights a short-term vexation that’s unlikely to subside. Please see below: Figure 1 Destined for devaluation after hitting its triangle-vertex-...
Przemyslaw Radomski Daniel Lacalle Nadeem Walayat Trend Forecasts Eating Away Gold Commodities

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