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Video: Gold in Middle of Week July 6-10, 2020

July 8, 2020 at 4:10 by Vladimir Vyun

In the present video, Phil Carr from The Gold and Silver Club talks about gold in the middle of the week of July 6–10, 2020, trying to predict where prices may go next after reaching the 8-year high last week. He mentions that hedge funds and money managers increased their net long positions, though gold typically underperforms compared with silver and platinum during this time of year. Ultimately, Phil remains bullish on the yellow metal.

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