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 Gold Rebounds Based On Bargain Hunting And US Debt Worries Says Pan American Metals Of Miami- Gold Rebounds Based On Bargain Hunting And US Debt Worries Says Pan American Metals Of Miami
- November 22, 2011
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Gold rebounds towards $1700 as debt issues worsen on both sides of the Atlantic.
MIAMI, FL - The super committee admitted defeat yesterday, leaving the US with no reasonable solution to its budget deficit problem. Meanwhile, debt contagion in Europe spread from Greece and Italy to Spain and even France.
The market remains nervous as debt issues worsen on both sides of the Atlantic; while the consensus is that gold will, in the long term, regain safe haven status, fears of possible consequences in Europe and the US are causing some selling off and profit taking. With the p...
- View more at: http://www.1888pressrelease.com/gold-rebounds-based-on-bargain-hunting-and-us-debt-worries-s-pr-352509.html
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