Chock-Full-O-Data Week!
Jan 26th, 2009 | By Chuck Butler | Category: Financial NewsBNP Paribas weighs on the euro… China and Treasuries… Euro forming a base? Gold continues its rally… And Now… Today’s Pfennig!
Posts Tagged ‘ Gold Rally ’
Gold Bugs Have Fed to Thank for Recent Rally
Dec 31st, 2008 | By Don Miller | Category: Financial NewsThe currency markets reaction to the Federal Reserve’s recent interest rate cuts has ignited a rally in gold, as investors weigh the benefits of owning the yellow metal versus U.S. Treasuries and the dollar.
An Eerily Similar Correction Could Lead to Huge Gains
Apr 2nd, 2008 | By Jim Nelson | Category: Gold MarketDoes This Correction Look Familiar? Major developments are taking place in the precious metals world. As we have noted here in Penny Sleuth, the price of gold is destined for upwards of $2,000. However, we are currently experiencing a very natural correction.
Don’t Forget the ‘Gold’ in ‘Goldilocks’
Jan 19th, 2007 | By Peter D. Schiff | Category: Gold MarketAs Wall Street continues to put their faith in the “goldilocks” hypothesis, it may come as a surprise to those familiar with my more negative view that I too fully expect this scenario to unfold.