Philip Baker

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Gold: Current Weakness May Be A Buying Opportunity…But Watch Events Too
By Philip Baker - February 22, 2015
Over the last week, the gold price fell 2.3% (to $1201), under-performing oil (up 2.8%) copper (down 1.7%). It outperformed silver which was down 5.9%. The fall in silver price was a significant driver of the fall in gold’s fair value over...
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The world’s gold supply increases by 2,600 tons per year versus the U.S. steel production of 11,000 tons per hour.

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