Marc Faber’s Simple Gold Strategy

U.S. & UK markets are closed today for a national holiday.Friday’s AM fix was USD 1,292.00, EUR 948.61 and GBP 767.18 per ounce. Gold fell$1.60 or 0.1% Friday to $1,291.70/oz. Silver slipped $0.18 or 0.5% to $19.388/oz. Gold was flat for the week while silver gained 0.5% for the week. Palladium gained 0.6% last week and platinum climbed nearly 2%. Gold in U.S. Dollars, Daily, 2014 Year To Date – (Thomson Reuters) Gold remains in lock down in the unusually tight range seen in recent days between $1,284/oz and $1,306/oz. Overnight, gold in Singapore traded in a very narrow $3 range between … Continue reading Marc Faber’s Simple Gold Strategy