It seems some people are still not willing to sell off their portfolio in gold. You can read all the details below. Gold advanced for a third day as European sovereign-debt concerns increased demand for the precious metal as an investment haven, with holdings in exchange-traded products …
Profit Taking since Dec. 7th. 2010
For two days until now gold price finally stumbled after 10th time of breaking the highest record. You can find the details below. Gold futures fell as investors stepped up sales following a six-session rally to a record. Earlier, gold reached an all-time high of $US1432.50 an ounce as …
History Repeat for Itself
At last the fed with it's QE2 scheme are simply repeating the history itself. We don't know if the QE2 will bring any good. Here are some comments that I get: "Bottom line: The plan provides a boost to the economy's growth, but it is not going to solve our problems," said Mark Zandi, …