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Editor’s Picks: Historic Week — Gold Breaks US$4,000, Silver Takes Out All-time High
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Chen Lin of Lin Asset Management discusses what’s behind gold’s latest price move.
‘Recently the stock in China’s gold futures market just went parabolic — that actually preceded the recent gold breakout … both had been rangebound for a long, long time, and then suddenly started breaking out two weeks ago,’ the expert explained.
Securities Disclosure: I, Charlotte McLeod, hold no direct investment interest in any company mentioned in this article.
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