Friday, March 4, 2016

Gold makes it back to Bull Market status

It has been a long five years, but for the first time since it reached an all-time high of $1940 in 2011, gold has officially returned to a bull market on March 3.

Gold prices have climbed 21% since their December lows, and last week moved over its Golden Cross technical.

This move into bull market territory has also not been lost on the mainstream, where J.P. Morgan issued a Buy call for gold yesterday as well, and to diversify out of stocks into the precious metal.



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