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Sunday, 06/26/2016 6:54:29 PM

Sunday, June 26, 2016 6:54:29 PM

Post# of 1856


"...Why gold may hit $1,500 by year’s end—and it’s not just about Brexit

Gold’s impressive rally Friday offered a taste of what may be in store for the precious metal, as some analysts say it’s just a matter of time before prices top $1,500 or even $1,900 an ounce.

Futures prices for the metal GCQ6, +0.53% soared by as much as $100 an ounce on an intraday basis Friday as the United Kingdom’s historic vote to leave the European Union sent investors scrambling for a safer place to park their money...."



http://www.marketwatch.com/story/why-gold-may-hit-1500-by-years-endand-its-not-just-about-brexit-2016-06-24