Fri, Mar 27, 2015
A A A
Welcome preal121
RSS

Commodities Briefing - Categorized | Bullion/Gold, Trends more

Competitive devaluation & the future price of gold

Posted on 06 October 2010

From Resourceinvestor.com: The United States, the eurozone, the United Kingdom, Japan and other major economies may be heading into a period of competitive devaluations. Similarly, China and some of the other strong-currency countries are acting to slow revaluation of their own currencies to maintain a competitive edge in world markets.
Each country is responding to domestic political pressure to promote domestic employment and income growth – believing that exchange-rate undervaluation will boost exports, restrain imports, and support its local economy……………………………………….Full Article: Source

Podcast Play - Download this article   |   Play - Download Full Briefing   |   Subscribe to the Podcast Feed

 Article link

This post was written by:

VRS - who has written 39837 posts on Opalesque Commodities Briefing.


Contact the author

Comments are closed.

banner
banner
March 2015
S M T W T F S
« Feb    
1234567
891011121314
15161718192021
22232425262728
293031