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Market Report by Alasdair Macleod, Head of Research, GoldMoney ________________________________________________________
Something’s afoot in gold and silver…
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Something’s afoot in gold and silver…
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After the announced “tapering” all the doubts were centered around the question, how big the “tapering” is
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If gold miners got destroyed in 2013, junior gold miners got taken to the woodshed, obliterated, then eviscerated.
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The GoldMoney group launches a new digital currency-focused company in the UK. Netagio Limited (Netagio) will be offering Europe’s first free ‘cold’ storage service for digital currencies, such as Bitcoins.
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To state the obvious, gold and the Australian gold stocks had a terrible year in 2013.
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2013 was one of the worst years for gold in a generation and the strangest part of it is that this loss came during a time in what should have been a banner year for gold.
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In our previous article on gold, we examined the situation in the U.S. dollar and the euro as many times in the past they gave us important clues about future precious metals’ moves.
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Gold and silver prices fell from early highs this week of over $1240 and $20.20 respectively to find good support at $1220 and $19.40.
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There are two main indices tracked by commodity tracker funds: the S&P-Goldman Sachs Commodities Index and the Dow Jones UBS Commodities Index.
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“Our main format is now video analysis…”