Breaking Gold News and Commentary

Breaking Gold News and Commentary (2 June 2015)

June 2, 2015

IMPORTANT NEWS

Gold Dips Further Below $1,200 On Robust U.S. Data, Dollar – Reuters
Gold Trades Below $1,200 An Ounce As Fed Outlook Boosts Dollar – Bloomberg
Greece Can’t Make More Concessions For Deal, Says Labor Minister – Reuters
Americans Cut Back On Spending In April And Saved More – MarketWatch
US Mint Sales of American Eagle Bullion Coins Fall in May – Coin News

IMPORTANT COMMENTARY
Gold Gains Allure as U.S. Economy Stumbles – Wall Street Journal
Gold “is a store of value when everything else seems risky” – Safe Haven
Texas To Create Own Bullion Depository, Repatriate $1 Billion of Gold – ZeroHedge
Spinning Gold Into Dollars: How Bitgold Intends To Become A New Standard – The Guardian
Don’t Let the European Stock Rally Fool You – Bloomberg

Mark OByrne

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Blog posts

Chris Vermeulen on Gold: This Is A Super Cycle At Play

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When we woke up to see gold had hit an all-time high overnight we knew we needed to take a look at some charts. And who better to do that with than technical analyst Chris Vermuelen of TechnicalTraders.com. GoldCore CEO, Dave Russell took some time this afternoon to speak with Chris about what took the […]

Gold Hits Record High: Is This A New Era?

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Overnight gold stunned markets by obliterating resistance levels and rocketing up to a new all-time high of $2,148.99. As well as a new level we might also have seen a new standard in volatility being set as the yellow metal experienced $100 intraday swings. This morning gold has calmed itself down a bit. But make […]

Will The Gold Price Shift As Two Great Titans Leave Us?

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For much of November gold has been on a tear and this week investors have sent it way up, punching past $2000. Will these giddy heights of over $2,000 be how gold chooses to see out month-end? At the time of writing we cannot be sure. Yesterday prices did soften ever so slightly but the […]