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The Wall Street Greek blog is the sexy & syndicated financial securities markets publication of former Senior Equity Analyst Markos N. Kaminis. Our stock market blog reaches reputable publishers & private networks and is an unbiased, independent Wall Street research resource on the economy, stocks, gold & currency, energy & oil, real estate and more. Wall Street & Greece should be as honest, dependable and passionate as The Greek.


Seeking Alpha

Tuesday, June 30, 2015

Why 3 Terrorist Attacks Were a Non-Starter for Gold

Last Friday, 3 horrible terrorism events occurred overseas. Yet, gold prices hardly budged on the frightening events or on the warning of U.S. Homeland Security to be on guard through the July 4th American holiday. This defies the popular logic of many gold investors, since gold is seen as the last stop on the safe haven train. So why do you think gold prices hardly budged? See our report on gold and terrorism here.

Precious Metals Relative Securities
Friday’s % Change
SPDR Gold Trust (NYSE: GLD)
+0.1%
iShares Silver Trust (NYSE: SLV)
-0.4%
Market Vectors Gold Miners (NYSE: GDX)
-0.4%
Market Vectors Junior Gold Miners (NYSE: GDXJ)
-0.2%
Direxion Daily Gold Miners Bullish 3X (NYSE: NUGT)
-1.8%
Direxion Daily Gold Miners Bearish 3X (NYSE: DUST)
+1.2%
Goldcorp (NYSE: GG)
-0.3%

Please see our disclosures at the Wall Street Greek website and author bio pages found there. This article and website in no way offers or represents financial or investment advice. Information is provided for entertainment purposes only.

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