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7.16.19 - Recession fears rise for middle-class families

Gold last traded at $1,411 an ounce. Silver at $15.67 an ounce.

NEWS SUMMARY: Precious metal prices traded mixed Tuesday on mild profit-taking and a firmer dollar. U.S. stocks slipped after President Trump said trade progress between China and the U.S. has a 'long way to go'.

 

 

 

Gold Price Signals The Next Global Crisis

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shop golden money business shopping cash 1089011 pxhereGold Price Signals Next Global Crisis -Gold Switzerland
"Finally it happened although it took 6-long years to break through The Gold Maginot Line at $1,350!...But we must remember that the rising gold price is a warning signal for the coming economic crisis....Finally, the dollar now seems to be starting the journey to zero. It clearly won't happen overnight, but it is guaranteed that we will see the end of the dollar and its reserve currency status in the next few years.

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5 Ways Democrats at Odds with America

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Democrats over theCliffFive ways 2020 Democrats are at odds with America -Hutchinson/Fox News
"If the first Democratic debate of the 2020 election revealed anything, it's just how large the gap has grown between the Democrats' 'progressive' base and the American public. Here are just a few of the issues in which the candidates are wildly out of step with average Americans: 1. Mass Immigration. According to the May 2019 poll from Gallup, immigration is now viewed as the second most important concern (19 percent) among all voters, after the loss of faith in government leaders (23 percent).

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Why The Gold Rally Is Unlikely to Reverse

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Gold3 Reasons the Gold Rally Is Unlikely to Reverse Soon -Barrons
"Gold is looking a lot shinier these days. The price of the precious metal broke above $1,400 per ounce last week, hitting its highest level in at least six years. 'If gold holds above the $1,400/oz trading level over the course of this week, we believe there is a very good chance that this could mark the beginning of a new gold bull market,' wrote VanEck portfolio manager Joe Foster on Monday...

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Financial Worry Keeping You Up at Night?

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pensive 863669 640Financial worries keep most Americans up at night -BNN Bloomberg
"People tumble into bed each night across the U.S., hoping for pleasant dreams. Most would likely settle for no dreams at all, just as long as they can get some rest. But more than half of Americans toss and turn because of money issues, according to a new survey. Bankrate has found that 56 per cent of Americans lose sleep over at least one money issue, with nearly a third worried about everyday expenses.

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Why $1,550/oz. Gold Price is Likely

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gold 2048277 640 (1)Why Gold Price Is Likely To Touch $1,550 -Forbes
"The shine is back for the precious metal which is trading up nearly 11.4 percent year to date. Most of these gains have occurred fairly recently, precisely speaking, the price started to rally on May 30th. Since then, the price is up nearly 12.87 percent. This is mainly due to the following factors: Feeble global economic growth, Uncertainties due to geopolitics,

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