Posts Tagged ‘Obamacare’
Gold and Oil News - September 19, 2013 14:15
Gold Holds Onto Gains as Inflation Expectations Rise
The massive move in Gold prices yesterday was really the sideshow to the main event of a reversal in U.S. Treasury prices. The benchmark 10 year yield moved quickly down to 2.7% and traded lower than that for a while after stubbornly refusing to dip below 2.75% for most of the summer. This is what […]
Jobs Number Sends Gold Back Near $1400
The market’s knee-jerk reaction to this morning’s Non-Farm Payroll miss — 169,000 jobs vs. expectations of ~180,000 — sent everyone intorisk-offmode as Gold spiked more than $20 on the news to trade around the $1390 level. Silver rose $0.60 and looks like it will challenge the elusive $24 area as we approach the end of […]
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