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Gold is keeping investors guessing!
A quick comparison of the US stock indices shows Gold’s performance out beating every other asset. The rally in the commodity has sent gold mining stocks on a bullish run, with just about every analyst upgrading their price targets. More recent to join the bullish crowd includes Credit Suisse, which now assigns a $1350 price target for gold by the first quarter of 2017. BMO Capital expects gold to rise to $1400 by this year end, while Goldman Sachs is skeptical on the precious metal’s outlook, although upgrading its price targets to $1200, $1180 and $1150 per ounce over the three, six and 12-month period. ... (full story)
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- May 18, 2016 8:16am May 18, 2016 8:16am
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fxtradespot
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- jw1981
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anton.olff
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"The market can remain irrational longer than you can remain solvent"
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- jw1981
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