Wednesday, June 19, 2013

STOCKS GOLD AND THE GREEN BACK

http://www.gods-kingdom-ministries.net/daily-weblogs/2013/06-2013/stock-market-warning/
 AS THE STOCK MARKET HAS IT'S RALLY THERE IS ALSO COMMON SIMULARITIES BETWEEN THE  1929, 2000 AND 2007 MARKET PEAKS AND THE INEVITABLE CRASH

READ HEREhttp://www.gods-kingdom-ministries.net/daily-weblogs/2013/06-2013/stock-market-warning/

ALSO THE RECONSOLATION OF GOLD AND WANNING DOLLARhttp://www.bloomberg.com/news/2013-06-19/gold-trades-near-three-week-low-before-fed-concludes-meeting.html
Gold futures rose for the first time in three days as the dollar’s drop boosted demand for the metal as an alternative investment before the latest signals from the Federal Reserve on U.S. monetary stimulus.

The greenback weakened for the third straight day against the euro. Fed policy makers conclude a two-day meeting today. The central bank buys $85 billion a month of Treasury and mortgage debt. Chairman Ben S. Bernanke said in May that the pace of monthly purchases may be scaled back if the employment outlook shows sustained improvement.


“The dollar is a little weak,” Phil Streible, a senior commodity broker at R.J. O’Brien & Associates in Chicago, said in a telephone interview. “The market is in a wait-and-watch mode until the Fed statement” this afternoon, he said.

 
 
 




No comments:

Post a Comment

Note: Only a member of this blog may post a comment.