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The past 48 hours the stocks market has been on verge of a major meltdown in my opinion. The people with power who manipulate the markets are trying their hardest to hold prices up.
Yesterday we saw rumors about the Fed I the WSJ that they wanted to do more easing ASAP. That news could not have come at a better time as it saved the day/markets from more heavy selling. That news also helped prop gold bullion prices up.
Take a look at the 4 hour candle stick chart for a visual:
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By Stefan Gleason, Money Metals ExchangeAs the Fed keeps hopes alive for at least one rate cut this year, metals investors are weighing the inflation outlook. Gold and silver...
Gold is adding on Friday, and it appears that a flight to defensive assets, rather than the risk appetite that drove the price earlier this year, is behind it. Since the start of...
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