GOLD hits $1,382.40
UPDATE: 12:26 p.m., E.D.T: $1,394.40. Where it will end today is anyone’s guess!
Gold is still on the move. We expect when the New York Markets open soon, they will manipulate the price of gold back downward – BUT – eventually this will pass as the reality sets in. With what is happening around the globe – once it explodes – it will EXPLODE!
[Got physical… close at hand?]
6:06 a.m.: Gold Prices Surge Nearly 3% to 5 Year High At $1,385/oz After Fed Turns Dovish
Gold gains in dollars have taken it to it’s highest level since March 2014. Short covering by futures market participants is a primary factor in the sharp gains overnight. Large hedge funds globally are going long gold due to increasing worries about the US and global economy.
We are seeing a new sense of urgency from investors in recent days and an increase in safe haven buying due to concerns about the geopolitical and economic outlook… (Continue to full article)
Let’s do something about that…
Protecting Your Wealth is heard at 3:00 p.m. (Eastern Time), each Tuesday and Thursday on Republic Broadcasting Network. Jeffrey Bennett, host of the program will be sharing over 60 years of his personal experience in the precious metals markets, in addition to educational commentary regarding YOUR financial health and welfare.
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