"Optimism raises equities and rising equities create wealth, thereby induces consumer confidence, so rising confidence increases consumer spending, when increased spending spurs more productions and thereby creates more employments, and vice versa."
Monday, September 28, 2015
Gov't shutdown would spur quick gold rally: Trader
With gold currently near $1,135 per troy ounce, the commodity will be worth a look once it breaks back above resistance at $1,151, Streible said. Once that happens, "we'll probably push on up to about the 200-day moving average at $1,174."
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