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NUGT trade works again, US Attacks Syria

NUGT trade works again, US Attacks Syria

the Mesh Report Staff April 7, 2017 Comments Off on NUGT trade works again, US Attacks Syria

Precious metals bumped up overnight on the news of the US cruise missle attack on Syria. You’ve doubtless heard about this so won’t go into those details here. What’s important for these pages is

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What About Silver?

What About Silver?

Mike Hammer April 6, 2017 Comments Off on What About Silver?

The Gold Enthusiast doesn’t talk much about silver. After all, silver is often called “gold’s poor brother.” Of course that’s not really the case. In trading and investing what matters is how much something

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UBS Reduces Gold Price Target For 2017

UBS Reduces Gold Price Target For 2017

Mike Hammer April 5, 2017 Comments Off on UBS Reduces Gold Price Target For 2017

UBS analysts reduced their 2017 price target for gold to $1300.  By way of explanation, they offered that interest rates appear to be rising, but not too much; the dollar appears to be staying

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Gold Rises On Geopolitical Worries – Again

Gold Rises On Geopolitical Worries – Again

Mike Hammer April 4, 2017 Comments Off on Gold Rises On Geopolitical Worries – Again

I really wanted to title this short article “Geopolitical Worries – SING ALONG!!!” …but just couldn’t wrangle any more words into it like gold, our theme for 2017, I told you so, etc. So

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Russian Economists Think Gold Is “Undervalued”

Russian Economists Think Gold Is “Undervalued”

the Mesh Report Staff April 3, 2017 Comments Off on Russian Economists Think Gold Is “Undervalued”

Another 200+ tonnes?  Today’s featured article reveals why Russian central banks are expected to accumulate another 200+ tonnes of gold in 2017, despite relatively little buying in the first few months of the year. 

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The 9-10 Strategy For NUGT

The 9-10 Strategy For NUGT

Mike Hammer March 31, 2017 Comments Off on The 9-10 Strategy For NUGT

Your friendly Gold Enthusiast was chatting with a friend this week about a little pattern on the NUGT chart. Here’s the chart: You can see that over the last few weeks, NUGT has repeatedly

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Next up: Frexit!

Next up: Frexit!

Mike Hammer March 30, 2017 Comments Off on Next up: Frexit!

Hot on the heels of Brexit is the French version, appropriately called – wait for it – Frexit!  Can’t imagine what they’re gonna name Italy’s vote if that ever happens.  For our purposes, the

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Chinese Gold Demand Remains Low

Chinese Gold Demand Remains Low

Mike Hammer March 29, 2017 Comments Off on Chinese Gold Demand Remains Low

China imported just 47.9 tonnes of gold through Hong Kong in February.  That’s more than most of us can afford, but it’s down from February last year by about 8%.  So year-on-year gold imports

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Trumpcare Killed, Gold Shoots Up

Trumpcare Killed, Gold Shoots Up

Mike Hammer March 28, 2017 Comments Off on Trumpcare Killed, Gold Shoots Up

Following the defeat of the Trumpcare health reform bill, gold went nowhere but up.  Which is good for us!  As your Gold Enthusiast noted on 3/23, watching the 118 and 116 prices in GLD

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Get Ready For The Investor Stampede Back Into Gold

Get Ready For The Investor Stampede Back Into Gold

Mike Hammer March 24, 2017 Comments Off on Get Ready For The Investor Stampede Back Into Gold

The investor love affair with gold is just about to get a reboot. That’s according to Commerzbank analysts, who cited the precious metal’s revisit to the key $1,250-per-ounce level as one reason for renewed

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