Dallas, TX -- (ReleaseWire) -- 06/30/2008 -- TwinTrader.com announces the publication of Breakout for GLD; highlighting public companies on the move and what’s behind the surge.
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“It is a highly sought-after precious metal which, for many centuries, has been used as money, a store of value and in jewelry. The metal occurs as nuggets or grains in rocks, underground "veins" and in alluvial deposits. It is one of the coinage metals. Gold is dense, soft, shiny and the most malleable and ductile of the known metals…
“Many factors move the price of gold higher. Geopolitical risks, inflation and economic uncertainty are the main drivers of gold…
“A growing number of analysts and economists are predicting continued sluggishness in the U.S. economy. And as the consumption engine of the West wanes, it leaves the Chinese juggernaut along with its neighbor India to pick up the slack....”
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