Comment on Expected U.S. Supercommittee Failure Hurts Gold In Move To Cash, But Supportive For Long Term

Expected U.S. Supercommittee Failure Hurts Gold In Move To Cash, But Supportive For Long Term

(Kitco News) ? The anticipated failure of a U.S. congressional supercommittee to reach a compromise on deficit reduction is adding to the pressure on gold in the short term due to a flight into cash, yet debt issues likely will be bullish in the longer term if the deficit continues spiraling out of control, analysts ...

 

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