Posts Tagged ‘currencies’

Morning View US dollar strength as investors anticipate Eurozone ‘Quantitative Easing’  · Base and precious metals prices are normally quoted in US dollars but are increasing sold in other currencies.  · Any strengthening of the US Full story

Worries that Europe's debt crisis could drag down the global economy helped drive copper, gold and other commodities lower on Monday. Added pressure came from traders pushing up the dollar against other currencies. "What's being questioned is if Greece Full story

Investors returned to gold on Monday.Gold joined most commodities in a stronger finish, largely driven by a weaker dollar. Full story

The rise in the gold price in terms of other currencies than the dollar has not been as significant although the latest moves suggest that gold is making real gains - or rather that currencies are falling vis a vis gold. Full story

Kevin McElroy submits: You know how well gold performed as priced in dollars over the past ten years, or rather, how poorly the dollar performed against gold during that period. In 2001, you could buy an ounce of gold for $250. Today, gold sells for more than $1,400 an ounce. Full story

Relative Gold is also known as the real price of Gold. Full story

Why it is important to have gold in your investment portfolio As we live in very uncertain times at the moment it is prudent to adjust to the prevailing circumstances in order to make the appropriate investment choices. And, as an investor, it is important to make the correct choices in order to maximize returns Full story

- http://l.yimg.com/a/p/fi/33/86/67.jpg 10921613::23054266 http://www.thestreet.com/ Full story

Cliff Wachtel submits: For those who’ve heard the hype and missed the big moves in gold, here’s a basic review of what you’ve missed and how to proceed while minimizing risks of entering at new highs. What’s Driving Gold Higher Gold is primarily a currency hedge Full story

Oct 5 (Reuters) - Gold hit record highs above $1,330 an ounce on Tuesday, lifted by concerns over the volatility of the foreign exchange markets as authorities in a number of major economies move to combat strength in their currencies. For a story on Full story