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Tag Archives: gold
The financial world just went long US Dollar, short everything else. European stocks were hammered across the board. BE 500 -4.64%, STOXX -4.9%, FTSE 100 -4.67%, CAC40 -5.25%, DAX -4.96%. The wave of negative sentiment washed out stock markets in the … Continue reading
http://ca.reuters.com/article/businessNews/idCATRE77L0AE20110905 http://www.bloomberg.com/news/2011-09-05/gold-rises-above-1-900-an-ounce-as-growth-debt-concerns-enhance-demand.html http://english.alarabiya.net/articles/2011/09/05/165553.html Will we see a continuation of the long Gold (mining), short everything (blue chips) trade opportunity? Will the local currency rise and local treasury yields fall? While everyone was asleep, European stocks went down 4 to 5%, Gold … Continue reading
30-32. Tails. Hmm.. maybe this coin is broken. The PSEi dropped only 23.76 points to 4,342.69. You’d think it was a quiet day, but most active traders are probably looking at 5% to 10% portfolio drops today as much of … Continue reading