Since 2000, gold bugs have had been laughing at the yellow metal’s naysayers. Legendary investors including Warren Buffett and George Soros have taken turns criticizing gold, whether it be to say the precious metal is a bubble waiting to pop or to note gold really has no utility. Even with an ample chorus of [...]
Gold 
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Gold Traders See Opportunity in Lows and Wait for the Bounce
(eToro Blog) With the recent news that the International Monetary Fund has cautioned commodity-export countries of impending drops in commodity prices due to weakening global growth and diminished demand, investors are likely to be worried about an ensuing sell-off. But precious gold analysts believe that before the year end gold prices will see another record [...]
OpenBook Traders Eye NFP for Gold Direction
(eToro Blog) Following a week which saw the Euro lose nearly 130 pips against the U.S. Dollar, gold too is on track to record a 1-week loss in price of as much as 2.3%. The declines in commodities and commodity-linked currencies were brought about by the news that the Federal Reserve has no short-term plans [...]
