Author Archive: Scott Silva

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Charting Gold

Charting Gold

“Some men see things as they are and say why – I dream of things that never were and say why not.” If George Bernard Shaw were around today, he might apply his famous quote to the price of gold. Spot gold is trading near it January levels, and down from its high for the year at 1792 back in February. As GBS might ask “What’s been holding the price of gold back?” The simple answer is there are no more buyers than sellers. Owners of the yellow metal are not selling, and others are not buying right now. That has not been the case throughout the year, so far. The […]

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