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In The Lead – Great Fedspectations – Part Deux

2012-04-13 18:56:26 (читать в оригинале)

Precious metals prices headed lower this morning as the final trading session of the week got underway in New York. Yesterday's "Fedspectations" turned down a notch as market participants had somewhat bigger news 'fish' to fry this morning; specifically, the story out of China that there has been a sharper-than-expected slow-down in that country's economy.... Spot gold opened with a loss of $4.30 at the $1,671 mark on the bid-side, while spot silver dealings opened with a 13-cent decline to the $32.25 level. For an explanation of what he interprets as a bearish market tilt for gold, and why, you might wish to [...]