https://www.goldcore.com/Bail-Ins_And_Deposit_Confiscation_Confirmed_At_Future_of_Banking_in_Europe_Conference
Gold advanced from nearly a five-month low, after the biggest one-day
drop since October, as investors assessed whether the U.S. economy is
strong enough to warrant a move away from ultra loose monetary policies.
Gold fell despite the data yesterday being mixed. It showed that
while U.S. manufacturing unexpectedly accelerated in November at the
fastest pace in more than two years, retail spending fell on the weekend
after Thanksgiving for the first time since 2009. The overly indebted
U.S. consumer is struggling which does not bode well for the consumer
dependent U.S. economy.
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