DOLLAR DROPS = GOLD GOES UP
According to data extracted from Bloomberg: CURRENCY VALUE CHANGE % CHANGE DATE/TIME EUR-USD 1.4377 0.0018 0.1222% 19:18 USD-JPY 78.3765 -0.1655 0.2107% 19:18 GBP-USD 1.6304 0.0004 0.0253% 19:18...
View ArticleTHE PRICE OF GOLD IS “ABSURD”
Gold’s ‘Absurd’ Price Makes Stocks Look Cheap: Chart of the Day From Bloomberg U.S. stocks are cheap and will outperform gold as bullion prices are poised to fall from“absurd” levels, according to...
View ArticleGOLD KEEPS CLIMBING AND CLIMBING
Gold Traders Most Bullish Since ’04 on Debt Crisis By Nicholas Larkin, from Bloomberg Gold traders and analysts are the most bullish in at least seven years as investors accumulate metal at the fastest...
View ArticleBERNANKE SPEAKS AND GOLD JUMPS 53 DOLLARS!
I was in the health club, going as fast as I could on a cross country skiing elliptical machine. Twenty inches in front of my eyes was a TV tuned into a financial channel. In the background were...
View ArticleGOLD: BIGGEST RALLY SINCE 1980!
Gold Bulls Ascendant on Biggest Rally Since ’80 By Nicholas Larkin, from Bloomberg Gold traders are bullish for a fourth consecutive week, betting that the Federal Reserve’s pledge to keep interest...
View ArticleGOLD AS AN INVESTMENT
The price of gold in recent years has been soaring, and many people who know nothing about investing are buying gold, primarily out of fear that the future will bring surprising shocks for the value of...
View ArticleTHE ECONOMY AS A PATIENT
FOUR NUMBERS TO WATCH TO SEE YOUR ECONOMIC FUTURE There are four magic numbers that determine the economy of a nation within the next two years. In this article, I will explain what those numbers are,...
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