Gold Surges Above $1250 On Weak Data, JPM “Buy”

Thursday, March 3, 2016
By Paul Martin

by Tyler Durden
ZeroHedge.com
03/03/2016

Extending its gains from yesterday, gold has broken back above $1255 – near 13 month highs – breaking out of its one-month triangle, following weak data this morning (ISM/PMI/Factory Orders) and JPMorgan’s “Buy Gold” warning.

The barbarous relic is in high demand this morning…

The Rest…HERE

This entry was posted on Thursday, March 3rd, 2016 at 12:08 pm and is filed under Economics. You can follow any responses to this entry through the RSS 2.0 feed.

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