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Gleam is gone as gold prices sink to 4-year low
AP/Excite ^ | 11/6/14 | MATTHEW CRAFT

Posted on 11/06/2014 12:57:23 PM PST by umpqua

Inflation remains tame, the dollar looks strong and Americans are increasingly confident. Even fears that the Federal Reserve would set off another financial crisis have faded as the central bank ends its effort to pump money into the economy. In short, all of the reasons for buying gold over recent years have disappeared, helping to drive prices for the metal to a four-year low.

(Excerpt) Read more at apnews.excite.com ...


TOPICS: Business/Economy
KEYWORDS: investmentmetal
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To: RedStateRocker

Apmex or Lear are good.


41 posted on 11/06/2014 4:27:33 PM PST by MrB (The difference between a Humanist and a Satanist - the latter admits whom he's working for)
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To: umpqua

It’ll bottom out most likely by mid-December.


42 posted on 11/06/2014 4:36:42 PM PST by Jack Hydrazine (Pubbies = national collectivists; Dems = international collectivists; We need a second party!)
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To: umpqua; jiggyboy; PA Engineer; blam; TigerLikesRooster; Cheap_Hessian; CJinVA; Jet Jaguar; ...

Goldbug ping.


43 posted on 11/06/2014 6:19:23 PM PST by Jet Jaguar (Resist in place.)
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To: RedStateRocker

Blanchard and Co. Out of Lousiana.

https://www.blanchardgold.com/buy-gold-silver/gold/?content=18668274314&gclid=Cj0KEQiA1eyiBRC-qI2VzKf0vaUBEiQAUiZ3xJ-PUlBeVZFQhL7ISqxyvWy6kN91CNKFqE44WN4fRHMaAqpB8P8HAQ


44 posted on 11/06/2014 6:22:03 PM PST by Jet Jaguar (Resist in place.)
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To: blam

as if on cue... last night saw russian tanks rolling into the ukraine

and then... gold pops from $1130s to $1170s (4% jump)


45 posted on 11/07/2014 10:20:11 AM PST by sten (fighting tyranny never goes out of style)
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