Posts Tagged ‘S&P 500’
Gold and Oil News - November 12, 2012 22:53
Fiscal Cliff Headilnes Continue to Reveal Fed Strategy
Extend and pretend is the phrase that will be written on the tombstone of the early 21st century governments and central banks. that is all they can do at this point. Since announcing QEIII back in September the Federal Reserve has not actually begun printing and more than the E.C.B. has. The E.C.B. has the […]
Election Changes Little, Gold Goes for a Ride
The U.S. elections last night proved to be a whole lot ofsound and fury signifying very little. From a tactical standpoint the GOP got its head handed to it on a fiat money platter. Their strategy was to sacrifice the presidency by running an empty suit in Romney and use the voter outrage to win […]
Single Currency recovers as Euro Bonds Stabilize
The euro recovered on Thursday as the investors were optimistic on stabilization of euro bond yields. The yield on the Italian 10-year government bond fell back to 6.81 percent from 7 percent in reaction to which the euro touched its intraday high of 1.3540. However, the Spanish government‘s 10-year bond still traded above the yield […]
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