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Intraday Market Thoughts

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Gold at New Record in Euros as Spain Dithers

by Ashraf Laidi

Sep 27, 2012 17:29

Gold hits a new record in euro terms at 1375/oz as Spain further delays an eventual request for an official bailout and the euro consolidates against most currencies awaiting this inevitability. Secession + Recession = Fresh Metals Expansion. There need not be actual secession of Catalonia from Madrid, but... http://www.cityindex.co.uk/market-analysis/market-news/111502012/gold-hits-new-record-vs-euro/

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Try publishing this in the UK weekend papers: Traders bet BankofEngland will raise rates to 6.25% --highest since 1… https://t.co/GWXrTEAk4R (1 year ago)
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