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Commodities Briefing - Categorized | Bullion/Gold, Currencies, Investment more

Soros still sharp in currencies and gold

Posted on 21 February 2013

Gold dipped below $1,600 last week, falling to a six-month low, much to the chagrin of gold investors. I find the timing of the correction peculiar, given the G20 Finance Ministers Meeting taking place over the weekend.
There’s been a growing debate over Japan’s move to devalue its currency to stimulate growth, with reaction from the G-7 leaders stating that “domestic economic policies must not be used to target currencies,” reports Reuters……………………………………Full Article: Source


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