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Monday, July 04, 2016 8:32:50 AM
http://news.sharpspixley.com/article/lawrie-williams-still-stronger-gold-price-ahead-credit-suisse/252124/
"...people looking at different ways to invest, particularly in an environment when the government controls the whole fixed income market, which is negative. At least (in gold), you don't have negative yields, there is no new supply...and falling production," he told CNBC's "Squawk Box."
The yield on the benchmark 10-year Treasury note sat lower at 1.44 percent, while the yield on the 30-year Treasury bond was also lower at 2.23 percent.
Spot gold prices were trading around $1,350 an ounce Monday morning in Asia, about 27 percent higher year-to-date. Prices of the yellow metal hit all-time highs above $1,900 an ounce in August 2011....."
http://www.cnbc.com/2016/07/03/gold-prices-will-hit-record-high-in-next-18-months-as-global-bond-yields-crash-pro.html
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