US stocks have started the week with modest gains.
Monday, 11 April 2011 05:21
US stocks have started the week with modest gains. Dow +33.66, Nasdaq +4.74 S & P +3.22. The dollar has gained ground against the euro this morning as well.
Read MoreGold hit another record on weakening dollar
Sunday, 10 April 2011 04:15
Once again gold hit another record as a weakening dollar boosted demand for the precious metal as an alternative asset and an inflation hedge. Silver climbed above $40 an ounce to a 31 year high and again the gold/silver ratio is at an all time low of around 37 times.
Read MoreOvernight and weekly wrap up
Saturday, 9 April 2011 11:53
Overnight in the US treasuries and stocks dropped lower as inflation expectations surged and the markets continue to believe the Fed will lag behind other central banks in raising rates. As of this writing the US government has finally reached an agreement and agreed to cuts totally almost 38 billion dollars, the largest cuts […]
Read MoreGold gaining its power, PPI results higher than expected
Friday, 8 April 2011 03:02
After a long period with articles such as ‘Gold is losing its shine’, Gold is back with new high in the past four days raising at about 4.5% in less than a month..
Read MoreThe euro sold off from highs
Friday, 8 April 2011 08:21
The euro sold off from highs after the European Central Bank’s widely expected interest rate rise and a broad sell-off in the yen stalled.
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