Fri, Dec 19, 2014
A A A
Welcome preal121
RSS

Commodities Briefing - Categorized | Commodity Crisis, Market Moves more

The ‘false’ commodity boom

Posted on 23 March 2009

From Livenews.com.au: So if you believe gold bugs, last week’s Quantitative Easing by The US Federal Reserve will see surging inflation and a whole collection of other bad stuff.

So if that was the case after the Fed’s move (which means it’s following The Bank of England, the Swiss Central Bank, Sweden and the Bank of Japan), why hasn’t gold exploded past $US1,000 an ounce, topped the old record of around $US1,033 an ounce and gone higher? Gold finished at $US954.20 in New York on Friday for the current futures contract…..Full Article: Source


 Article link

This post was written by:

VRS - who has written 38538 posts on Opalesque Commodities Briefing.


Contact the author

Comments are closed.

banner
banner
December 2014
S M T W T F S
« Nov    
 123456
78910111213
14151617181920
21222324252627
28293031