Gold Is Just Getting Going
October 7, 2009 by goldguru · Leave a Comment
Melinda Peer10.06.09, 05:30 PM EDT Gold set a new record, and analysts expect it to set a few more as the dollar falters. Gold hit fresh highs on Tuesday as it continued to take its cues from a weak U.S. dollar. The greenback tumbled as uncertainty over its global strength was triggered by a report [...]
UN Says New Currency Is Needed to Fix Broken ‘Confidence Game’
September 9, 2009 by goldguru · Leave a Comment
Sept. 7 (Bloomberg) — The dollar’s role in international trade should be reduced by establishing a new currency to protect emerging markets from the “confidence game” of financial speculation, the United Nations said. UN countries should agree on the creation of a global reserve bank to issue the currency and to monitor the national exchange [...]
Is Gold the New Currency?
March 4, 2009 by goldguru · Leave a Comment
FP Trading Desk submits: Gold gets more than its share of attention when prices are rising. This is particularly true when key technical levels are in sight or being breached, as well as psychological barriers like US$1000 per ounce that was broken recently. But with spot gold now heading toward US$900, the latest decline warrants [...]
