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Will it make any difference to gold and silver whichever of these appalling presidential candidates gets elected to govern what still remains the world’s most powerful nation? Obama has accelerated the decline in the nation’s superpower capability, arguably Bill Clinton’s legacy, and the erosion is set to continue with his wife in office but would […]
It is true to say that money printing a.k.a. Quantitative Easing has drawn easy money into the broad stock market at the detriment of popular commodities but to an extent and duration that has long been illogical. In particular we are considering how QE and other factors affects gold.
Gold and silver are looking good with platinum and palladium following along nicely. With the Crimea crisis as a catalyst, gold has accelerated away from its steady start to 2014, while dragging silver, albeit somewhat slower, in its wake.
Will they taper won’t they taper? That is the question. Meanwhile gold, together with silverand the PGMs suffer whichever way the wind blows. The analysts employed by the big banks are calling for a fall at anywhere between $1200 and $1000 an oz. over the next few months. Another doomsday prediction is that the Chinese […]