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  • Epsilon
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  • Gold .

Last July I wrote an article, " 7 Reasons To Buy Gold Right Now," which outlines my reasons for purchasing gold (NYSEARCA:GLD). Before last summer (2015), I hadn't owned gold since 2012. But with gold nearing support at the $1100/oz level, I couldn't pass up the opportunity to, once again, own the yellow metal. As we all know, gold eventually fell through this support level, bottoming out at $1050/oz in December, 2015. I purchased gold just above $1100/oz. I wish…

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  • Michael Lee
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  • Gold .

I recently wrote an article, "7 Reasons To Buy Gold Right Now," which, along with providing a brief history of the metal, outlines my reasons for owning gold as a long term investment and my reasons for purchasing the commodity over the weekend. After having not owned gold since 2012, last weekend I purchased gold at around $1130/oz. Since my purchase, gold has dropped a few percentage points and is trading at $1085/oz (as of this writing). So, am I…

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  • Michael Lee
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  • Gold .

I bought (physical) gold today. I haven’t purchased or traded gold in a while because the 2013 gold crash scared me. I got out. I didn’t want to be holding “falling knives”, as they say. So for the past two years I really haven’t paid much attention to gold. Then yesterday I took a look at the price of the yellow metal. It’s low. Real low. Say what you will about whether you think gold is going to continue to…

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  • Michael Lee
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  • Business . Consumer price index . Gold . Gold as an investment . Inflation adjustment . Kitco.com . Precious metal . Silver . Time .

Gold and silver appear to be making their long-awaited comeback from their Q4 2011 fall. But do they have enough left in the tank to continue toward, and possibly surpass, their respective all-time highs? Let's take a look. Many believe that the price of gold and silver increases, historically. These charts, from Kitco.com, show this seemingly obvious long-term uptrend on a 10-year time frame: But as most savvy precious metals investors know, when adjusted for inflation, this picture looks much…

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  • Michael Lee
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  • AEM . Agnico-Eagle Mines . Allied Nevada Gold Corp . Gold . Goldcorp . Moving average . New Gold . Royal Gold . SPDR Gold Shares . Yamana Gold .

After teetering on support for nearly a year, gold looks to be on the move, jumping almost $100.00, from $1580.00 per ounce to $1670.00 per ounce, in just under 30 days. The commodity has also broken above its 200-day simple moving average (SMA), something it hasn't done since January. Not surprisingly, many gold related stocks have turned sharply upward as well; Primero Mining Corp. (PPP), New Gold, Inc. (NGD), Royal Gold, Inc. (RGLD), Agnico-Eagle Mines Ltd. (AEM), Yamana Gold, Inc.…

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