Gold Sells off Third Day in a Row

Posted by Robert Levy - Border Gold Corp.

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Gold is trading lower for the third consecutive day. This follows the surprising policy announcement from the US Federal Reserve last week of the decision not to taper asset purchases. Almost instantaneously gold shot up 65 dollars. Since then, the metal has once again come under pressure as US District Fed Presidents and Federal Reserve Governors have reminded investors that tapering asset purchases remains very likely in the near term.

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Robert Levy – Border Gold Corp.