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What’s in store for bullion after U.S elections?

Posted on 08 November 2012

Bullion watchers are hopeful that President Obama’s re-election would mean extending the easy money policy by the Federal Reserve. Historically gold prices were lower during election years and then bounced back the year after the election. Even seasonally, going back 30 years, the historical seasonality of gold has been to rise during September, with a subsequent correction in October with the exception of few years.
The demand supply fundamentals for gold show a well-balanced market with a minor increase in supply growth while demand robust and possibly outstripping supply. Beginning in 2000, production remained flat, even declining in some years while gold made new highs………………………………………..Full Article: Source


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VRS - who has written 39856 posts on Opalesque Commodities Briefing.


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