Tag: china

June 26, 2013 0

Plague of Gold Bears Now Say "Gold Unsafe at Any Price"; What’s the Real Long-Term Driver for Gold?

By News Desk

"Paradigm shift" to send gold sliding to $1,200 an ounce: SocGen And last but not least, what is probably the funniest headline yet delivered by all these newly minted gold bears: “UBS Says QE’s End May Render Gold ‘Obsolete’†A major theme of these forecasts is, you guessed it, the Fed’s alleged imminent ‘QE tapering’, and/or ‘raising of real interest rates’. To the latter we would point out that real interest rates (nominal interest rates relative to inflation expectations) have indeed risen lately, but it was certainly not the Fed’s fault.

June 20, 2013 0

EU Twists the Screws on Spain With Inane Requests

By News Desk

EU Twists the Screws on Spain With Inane Requests Posted by Michael Shedlock at 11:33 AM Disclaimer: The content on this site is provided as general information only and should not be taken as investment advice. All site content, including advertisements, shall not be construed as a recommendation to buy or sell any security or financial instrument, or to participate in any particular trading or investment strategy.