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By Bill Gross |
May 1, 2013
The past decade has proved that houses were merely homes and not ATM machines. They were not “good as money.” Likewise, the Fed’s modern day liquid wealth creations may suffer a similar fate at a future bubbled price.
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By Natalie Weeks and Tom Stoukas, Bloomberg |
April 17, 2013
The Cypriot government plans to sell part of its gold reserves within the next months, a decision that needs to be approved by the country’s central bank, Finance Minister Haris Georgiades said.
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By Frank Holmes |
April 9, 2013
Just as every coin has two sides, every data point that doesn’t meet expectations usually has an upside somewhere. For instance, although the gold price has fallen with the strengthening U.S. dollar, the yellow metal is appreciating in Japanese yen.
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By Alasdair Macleod |
April 5, 2013
The sell-off in precious metals gathered pace this week into what is often called capitulation. Money-managers (hedge funds) cut their long gold positions on Comex by 19,044 contracts in the week to Tuesday, March 26.
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By Stephen Kirkland and Sarah Pringle, Bloomberg |
March 27, 2013
Stocks fell and the euro weakened to a four-month low against the dollar, while Treasuries rallied and Italian and Spanish bonds slumped, as concern about Europe’s debt crisis deepened.
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By Scott Rose and Marina Sysoyeva, Bloomberg |
March 25, 2013
Russian President Vladimir Putin signaled acceptance of an accord reached by Cyprus on an international bailout, a week after berating an earlier rescue plan as “unfair, unprofessional and dangerous.”
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By Nicholas Larkin, Bloomberg |
March 22, 2013
Gold traders are becoming more bullish as concern mounts that a worsening of Europe’s debt crisis will spur demand for a protection of wealth at a time when nations from the U.S. to Japan are signaling more stimulus.
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By Emma Charlton, Bloomberg |
March 22, 2013
The euro rose from near a four-month low against the dollar amid speculation Cyprus is moving closer to a deal to stave off financial collapse and prevent contagion from infecting the rest of the region.
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By Alasdair Macleod |
March 22, 2013
This week will be remembered for the Cypriot banking crisis. The largish jump in gold open interest last night on a small fall in the price suggests new buyers are accumulating positions at these levels.
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By Cordell Eddings and Susanne Walker, Bloomberg |
March 21, 2013
Treasuries rose as concern Cyprus’s banking crisis will worsen the euro area’s sovereign-debt turmoil underpinned demand for safer assets.
