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JUL 12, 2014 - TheStreet

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What Wall Street Is Saying Gold Prices Will Do in the Second Half of 2014

NEW YORK (TheStreet) -- We here at TheStreet don't claim to know where the gold price is headed tomorrow or next week, but we talk enough to the Wall Street pros to give you a sense of which direction the yellow metal is trending. The first half of 2014 was surprisingly strong for gold. We say "surprisingly" because gold is coming off its worst full-year performance in more than three decades after a market crash in April 2013 fueled a 30% drop. But a drop of more than 9.5% from January through June of 2014 left many retail investors to wonder if the rise was a sign that $1,900 gold -- ... Read More

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