{lang: ‘en-GB’}We witnessed a somewhat disappointing performance from the ECB’s Mario Draghi yesterday, at least for those that were expecting the “big bazooka”, and many in financial markets were. After all if the ECB is to exceed its treaty-defined mandate, it might as well get the go-ahead from the original source of that mandate: elected [...]
{lang: ‘en-GB’}Since hitting a new record high above $1,900 per ounce on Monday, the price of gold has lost ground. But investors modis unexpectedly replaced Japan’s credit rating Aa3 from AA2 at the start of Asian trading-support for more growth of spot gold-more than 1% to $1,850 per Troy ounce. Many investors are realising back [...]
{lang: ‘en-GB’}The Federation announced yesterday that it will continue a zero interest rate policy (ZIRP) at least two years and left the door means more leaks, although cases launching QE3 yet. Stocks have responded with sharp rebounds baachrza, S & P 500 closing at 1,550, thereby restoring most of the ground lost after the downgrade [...]
{lang: ‘en-GB’}Price for gold of India climbed to a new all-time high during the week. While the Indian rupee lost ground again fell short 10-week contract, future of the nation’s benchmark gold soared another 3% on Multi goods Exchange assistance price Gold face to reach new record high of 26,200 rupees per 10 grams. The [...]
{lang: ‘en-GB’}Sovereign debt fears French you can downgrade and fears about the health of French banks sell-not financial gross yesterday, with an index of shares in European banks rising 6.7%, the index of the KBW Bank American down 4.9%. No longer a sovereign debt crisis is spreading to France marks will increase significantly the pressure [...]
{lang: ‘en-GB’}The price of gold hit a new record nominal above $1,890 per ounce in early trading today, with fears about the stability of the banking system in the world continues to drive investors to properties in safety. In addition, the price of silver has tacked an impressive gain over 2% since the beginning of [...]
{lang: ‘en-GB’}Someone want to remotely Watch interview James Turk: gold with “Mr. gold” Jim Sinclair, host of the popular site, recorded at JSMineset.com GATA in London on 4 August. Mr. Sinclair is his famous prediction vhshshti with course refers to the bull market of the 1970s gold. In 1974 according to gold peak at $ [...]
{lang: ‘en-GB’}Platinum price was subject to a rollercoaster in recent weeks, mainly caused by substantially deteriorating growth potential in the United States. Another recession in the United States will be certainly negative influences in almost all other areas of the world, considering America – regardless of all its economic accounts 25% of global economic output. [...]
{lang: ‘en-GB’}Global demand for gold had had a sharp setback in the second quarter (Q2) 2011 compared to the same period last year. This message comes surprise, juxtaposed as in my recent prices of gold, the worsening economic problems affecting countries around the world. World Gold Council (WGC) reported on Thursday that the global demand [...]
{lang: ‘en-GB’}On August 7, 2011, former Chairman of the Federal Reserve Alan Greenspan said the truth – but only in part. When asked if us all, in light of their back, were still safe to invest, responded: “So much. This is not an issue of credit rating; United States can I pay all the debt [...]
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