07.11.2014 - 3 Ways to Trade Gold Now
Goldbugs, like ideologues and passionate lovers, possess extraordinary convictions. They need them now more than they have in decades. The yellow metal is undergoing a powerful decline that will challenge their beliefs in ways many goldbugs have never experienced. Gold is dancing around a four-year low as the U.S. dollar rises to a four-year high against the euro and a seven-year high against the yen. Trading patterns in the stock, options, and futures markets suggest prices will fall further. Gold recently traded at around $1,148 per ounce, far from the halcyon high of about $1,900 in late 2011. It is down 11% in the past three months...............................................Full Article: Source
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