Month: November 2016

Trump Makes the U.S. Stock Market Great Again

Technical analyst Clive Maund analyzes the charts since Trump’s election and sees a positive picture for the U.S. stock market. The broad U.S. stock market actually looks better overall than it has done for several years, which may come as a surprise considering it has been in a bull market since as far back as…

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(Kitco News) – Gold prices ended the U.S. day session solidly lower and hit a fresh 10-month low Wednesday. A strong U.S. dollar, generally upbeat trader and investor optimism recently, and bearish technicals continue to pressure the yellow metal. February Comex gold was last down $14.10 an ounce at $1,176.60. […] from Kitco News –…

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Gold and Silver in Review

Gecko Research reviews the past week in gold and charts their actions. Gold lost 1.9% or $23 last week to close on Friday at $1,184.10. Silver was, believe it or not, almost flat for the week as it closed at $16.51, down only 4c. The gold to silver ratio was 71.7 at the end of…

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Gold Down As Safe-Haven Demand Continues To Wane

(Kitco News) – Gold prices are lower again in early U.S. trading Wednesday and hovering not far above last week’s 10-month low. Traders and investor optimism remains generally upbeat, as evidenced by rallying world stock markets recently. That’s bearish for safe-haven gold. The recent stronger U.S. dollar against the other […] from Kitco News –…

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