Yields on American Treasuries continue to rise. Yesterday saw a record 30 bln USD auction of 5-years notes sell at a much higher yield than forecast.
January 2009 was one of the worst months for US Treasury prices on record.
Is this another bubble bursting?
January 2009 was one of the worst months for US Treasury prices on record.
Is this another bubble bursting?
Gold is soaring. Right on the moment everybody thought it was the time for a small consolidation after the race from 810 USD/oz to 900 USD/oz, gold refused to give up the 880 USD support and went today straight up to 920 USD.
It’s remarkable how freaky Fridays can be for the goldtraders. Or there is a large correction or prices swing higher. But a Friday is never dull.
Rumours are floating around about wealthy individuals buying the metal.
It’s remarkable how freaky Fridays can be for the goldtraders. Or there is a large correction or prices swing higher. But a Friday is never dull.
Rumours are floating around about wealthy individuals buying the metal.
Remarkable is the fact that the dollar is strengthening, which is rather unusual. Normally there is an inverse correlation between these two.
Look to the goldmines - a 100% gain is in the making
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