The Buy Gold Lie

In a market report published today I discussed a series of erroneous news leaks that have misled financial markets recently around the dollar/euro trade. The same issues have influenced the price of gold in dollar terms. Thus, the case for gold made recently by the bid is based on false promises and should correct. See my report on gold here. Article interests SPDR Gold Trust (NYSE: GLD), Market Vectors Gold Miners (NYSE: GDX), Market Vectors Junior Gold Miners (NYSE: GDXJ), iShares Silver Trust (NYSE: SLV), Direxion Daily Gold Miners Bull 3X (NYSE: NUGT), Direxion Daily Gold Miners Bear 3X (NYSE: DUST), Newmont Mining (NYSE: NEM), Randgold Resources (Nasdaq: GOLD), Barrick Gold (NYSE: ABX).

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