Many people became convinced that data releases earlier this year indicated that “recovery” in the U.S. was imminent. But as I have been saying for months, this evidence would ultimately be shown…
Month: June 2012
Gold Jumps, Wipes Out Week’s Loss After Disappointing Nonfarms Report, But “Strong Dollar a Problem” as Trend “Remains Bearish”
London Gold Market Report U.S. DOLLAR prices to buy gold climbed back above $1600 an ounce on Friday, after disappointing US jobs data was then followed by news of a slowdown in American manufacturing…
Gold and Silver “Finally Decouple” from Euro, Stocks & Commodities But Still End May Sharply Down
London Gold Market Report WHOLESALE BULLION gold prices rose Thursday lunchtime in London, extending yesterday’s sharp jump and cutting this week’s 2.5% drop by more than two thirds even as the Euro…
Too Many Cars, Too Few Spaces
Government debt is so good for you, even the second- or third-best will do in this rush… “ONCE PEOPLE decide that German and US bonds are not such a great store of…