My attempt at an interesting thread. If this fails I shall resort to bedwetting about the problems in the current contract. Let me know which you prefer (if any)
Linky
The DOW priced in gold shows that even though is appears to be recovering it has really gone nowhere since the 2009 lows.
All this QE and currency wars is basically devaluing every currency globally in a beggar thy neighbour approach to try and kick start a protectionist style recovery through exports.
Linky
The price of gold has hit another record high as investors worry about inflation and Europe's budget troubles.
It hit $1,421 an ounce at 1030 GMT.
The price has now risen by 7% since the US central bank announced last week its plan to inject $600bn (£372bn) into the American economy.
Investors worry this will lead to higher inflation, and are also concerned about the state of the Irish Republic's economy as it tries to cut its budget deficit.
Gold is traditionally seen as a haven for investors at times of economic stress.
It hit $1,421 an ounce at 1030 GMT.
The price has now risen by 7% since the US central bank announced last week its plan to inject $600bn (£372bn) into the American economy.
Investors worry this will lead to higher inflation, and are also concerned about the state of the Irish Republic's economy as it tries to cut its budget deficit.
Gold is traditionally seen as a haven for investors at times of economic stress.
All this QE and currency wars is basically devaluing every currency globally in a beggar thy neighbour approach to try and kick start a protectionist style recovery through exports.
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