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“End of an era” for gold as S&P 500 records best January since 1997

Posted on 04 February 2013

Credit Suisse meantime published a note entitled ‘Gold: The Beginning of the End of an Era’, arguing that the 2011 gold price peak could prove to have been the high “in this cycle” as the financial crisis grows less acute.
Like gold, silver also edged higher this morning, ticking above $31.40 an ounce, while other commodities were broadly flat. China’s manufacturing sector meantime continued to expand in January, though at a slower rate than the month before, according to official purchasing managers’ index data published by Beijing Friday……………………………………..Full Article: Source


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