The Republican Party, with the help of the Tea Party, swept the House of Representatives with a massive pickup of at least 60 seats. The Federal Reserve made another historic announcement with its $600-billion “Quantitative Easing” program (QE2). The October non-farm payroll number came in at a positive 151,000, and the unemployment number remained elevated at 9.6 percent for the month. All of this transpired in the course of one week. So, what’s next? Hold on to your seats.
Post Tagged with: "Gold prices"
October 15, 2010 04:28
Dollar fall sparks stability warnings
The dollar tumbled against most major currencies on Thursday, prompting warnings that the weakness of the world’s reserve currency could destabilise the global economy and push other countries into retaliatory devaluations to underwrite their exports.
October 8, 2010 17:36
Gold at $8,250?
What if one were to try and determine the value of gold based on the quantity of money outstanding right now?
September 8, 2010 05:05
Peter Schiff on the dollar, spending, and a confused Krugman
Schiff Report video blog Sept 7th 2010 explains the dollar, gold, stimulus spending and looming inflation.
May 11, 2010 18:55
Gold hits all-time high as investors seek haven
Gold prices hit an all-time high as demand surged to the highest level since the collapse of Lehman Brothers in 2008 amid volatile financial markets in Europe. Spot gold in London surged to above $1,230 a troy ounce, surpassing the previous record set in December last year.
