Given the latest gold trends, emerging market investors and central banks appear to humbly disagree with Warren Buffett’s assertion that the yellow metal has limited uses. READ MORE HERE
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Gold bugs may be loving the favorable winds that are carrying the price of the yellow metal upwards, but few analysts believe that we are on the verge of a long-term surge.
Kyrgyzstan’s economic prospects have brightened after the country appears to have resolved a major issue with one of its largest foreign investors.
Gold appears to be on a long-term decline as its cover of a so-called safe-haven is blown.
After plunging to a three-year-low in late June to USD 1,180 per ounce, gold has bounced back to above USD 1,400 by September 3.
Mining companies across the world are in retreat, which is set to adversely impact the South African economy.
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