Wed, Oct 1, 2014
A A A
Welcome kbr175@gmail.com
RSS

Commodities Briefing - Categorized | Financial, Investment, Market Moves more

Why ‘cliff’ deal is your reason to buy these commodities

Posted on 03 January 2013

Rejoice! After months of contentious negotiations, we finally have a deal on the “fiscal cliff.” Not a comprehensive deal, but a cliff-averting deal nonetheless. Is this a good deal or a bad deal? That’s not the question I want to answer. Instead, I want to analyze the legislation and figure out: What’s the impact on the futures markets?
Let’s start with gold. You might have expected gold to sell off on a deal. But instead, the opposite happened, and gold rallied. Why? Well, while the deal will allow some of the tax increases to go into place, it did little to cut spending, and did not mention the debt ceiling………………………………………..Full Article: Source


 Article link

This post was written by:

VRS - who has written 37214 posts on Opalesque Commodities Briefing.


Contact the author

Comments are closed.

banner
October 2014
S M T W T F S
« Sep    
 1234
567891011
12131415161718
19202122232425
262728293031