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http://useconomicoutlook2013.com/ This website strives to keep the readers stay updated with all the recent updates within the financial arena. Many of the investors have benefitted themselves by being in regular contact with our frequent newsletters and article releases.
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  • Is It Time To Look Away From Gold? 0 comments
    May 10, 2013 12:44 AM

    Read More : http://www.investmentcontrarians.com/gold-investments/is-it-time-to-look-away-from-gold/1995/

    Lately, I've been reading about all of this buying of gold bullion by central banks around the world.

    Some would say the move is bullish for the precious metal, but I'm not convinced. I was encouraged by the recent bounce after the price fell below $1,400 an ounce, but it has since stalled, based on my technical analysis.

    To tell you honestly, I'm not sure in which direction the yellow metal will move. The recent rally was more technically driven than based on fundamentals.There are many factors involved that could encourage the precious metal's future direction.

    What Others Are Reading : European Debt Crisis Explained

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