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Jim Rickards: Gold has nowhere to go but up – CNBC

| August 15, 2016 | Latest | No Comments


CNBC

Jim Rickards: Gold has nowhere to go but up
CNBC
Low interest rates also reduce the opportunity cost of holding gold, which doesn’t offer a yield. Rickards, who is recommending investors to hold 10 percent of their portfolios in gold, did not give a price forecast. Prices have already gained about 26 …

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LATEST GOLD NEWS

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Gold extends decline as higher energy costs raise rate hike bets – The Business Times

Gold edges up as Brent eases, Mideast developments in focus ahead of Fed meet – Reuters

Silver and gold prices stage a cautious rebound — but analysts see slim hopes for a sustained rally – CNBC

China’s Gold Imports Surge After International Prices Slump – Yahoo Finance

China’s gold imports surge after international prices slump – The Straits Times

China’s Gold Imports Surge After International Prices Slump – Bloomberg.com

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