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$1,391.7 gold futures

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AndyIgo

3,971 Posts.

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23/10/15

20:29

Post #: 16243340
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Originally posted by All4One ↑

US ten year bond yields fall - Gold rises.
Could be one of the main reasons for Gold rising.

U.S. Bond Yields Fall on Growth Concerns

Weak trade data from Japan and slump in Chinese stocks sending investors to safer assets

By
Min Zeng
Min Zeng
The Wall Street Journal

Updated Oct. 21, 2015 4:22 p.m. ET
0 COMMENTS
Government bond yields in the U.S., Germany and the U.K. dropped broadly on Wednesday as fresh worries over the global economic outlook drove investors into relatively safer fixed-income assets.
A number of events were behind the bond market’s price gains: Japan’s exports hit a 13-month low in September; China’s benchmark equity index posted its biggest one-day selloff in more than a month; the Bank of Canada downgraded its growth outlook for the next two years; and U.S. crude oil prices dropped by 2.35%.

http://www.wsj.com/articles/u-s-government-bonds-rise-after-recent-pullback-1445435236

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Hi All4One and all,

I was told about this one but did not get around to buying a man can’t be everywhere.

I might still jump on-board as this may have even further to run.

BBX a nice purchase around early October!!!

“BBX Minerals Limited (BBX or the Company) is pleased to advise that it has raised $398,000 through a private placement of 14,880,000 fully paid ordinary shares at an issue price of A$0.01
cents per Placement Share to raise $148,800 and a loan facility
to raise $250,000 (Transaction)”

http://www.bbxminerals.com.au/wp-content/uploads/Capital-Raise-to-Expand-Drilling-Programme.pdf

I notice Gold is doing OK as we speak:

http://www.*****.com/charts/popup/au24hr3day.html

Cheers and very best regards: Andy
1 Upvote

0 Great analysis

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