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“Gold may advance for the second time in three days on bets that global central banks will take steps to bolster economic growth, increasing the appeal of the precious metal as a hedge against inflation” Bloomberg reports. The way I see it it’s only a matter of time before some sort of creative stimulus hits the market. It looks like gold prices agree, with spot prices buoyed over $1,600.
Still Waiting For A Big Move In Gold… was originally featured in The Daily Resource Hunter. Check out the newest Daily Resource Hunter research video “The Price of Gas Explained”.
Article Title originally appeared in the Daily Resource Hunter (www.dailyresourcehunter.com) At the Daily Resource Hunter our approach to research is different. With our boots on the ground, we travel the world looking for the most lucrative resource opportunities and deliver them to you in a daily email newsletter. For more information visit us at www.dailyresourcehunter.com)
2012-08-08 19:04:03
Source: http://dailyresourcehunter.com/still-waiting-for-a-big-move-in-gold/