Gold prices have risen as traders speculated that last week’s US unemployment report increased the likelihood that the Federal Reserve would maintain its accommodative policy to boost the economy. The heaviest traded contract, for June delivery, rose $US 13.80, or 0.9 per cent, to close on Monday at $US 1,643.90 a troy ounce. Markets remained […]
Quantitative Easing The Fantasy Of Gold Speculators Read More »
Gold gained more than 1/2% on Monday after disappointing and confusing US jobs data revived hopes for further monetary easing, while appetite for the metal was also boosted as China inflation spiked. China’s inflation edged up in March as the government shifted focus from containing politically dangerous price rises to stimulating its slowing economy. The
Gold Continues To Shine On Back Of QEIII Read More »
Gold has plunged to its lowest level in three months. Gold fell almost $US58 to $US1, 614 per ounce on Wednesday. It has declined 15% since September 2011, when it hit a peak of $US1, 907 The tumble brought a nasty day to the stock market – the Dow Jones industrial average lost 125 points.
Gold Price Plunges To Reality Read More »
量的金融緩和, ryōteki kin’yū kanwa The markets have been subjected to a softening up process over the past month or so, with regards to an expectation that further Q.E. will take place by the UK’s Bank of England possibly at their next monthly meeting. Given the topic is hot it may be worth taking a ‘lite-bite’
The Original Japanese Expression For Quantitative Easing Read More »
Apologies for mixing up two metaphors in the title, I did consider three, (Pandora’s box could have easily been slipped in) but two distinct ‘events’ over recent days have lit the touch paper..oops..there’s the third metaphor. One event moved passed jaw jaw into war war versus a specific economic malaise, the other remains deeply entrenched
Will Opening Up the Can of Worms Light The Powder Keg? Read More »
