There are renewed speculations around the future steps of the Fed and whether there will be an announcement of another quantitative easing plan in the near future. Last week’s publication of the minutes of the FOMC meeting revealed that the…
The prices gold and silver rose on the first day of the week, despite the depreciation of the Euro and Australian dollar. I suspect, the ongoing speculations around Bernanke’s speech at Jackson Hole on Friday and his position on whether…
During last week gold and silver prices hiked after they had remained nearly unchanged during the first couple of weeks of August. The renewed expectations that the Fed will issue another stimulus plan in the near future were ignited following…
During last week, the prices of precious metals resumed their rally following the renewed hopes that the FOMC will stimulate the U.S economy in the near future. The Euro also traded up against the USD. On the other hand other…
Gold and silver prices, as expected, hiked during yesterday as a clear cut market reaction to the publication of the minutes of the FOMC meeting. The minutes revealed that many FOMC members consider “monetary accommodation would likely be warranted fairly…
Is time for another quantitative easing? Gold and silver prices continue to rise following yesterday’s publication of the minutes of the FOMC meeting. In last month’s FOMC meeting there were no hints of another QE program, but the minutes revealed…
The Fed Published the minutes of the recent FOMC meeting, which was held at the end of July. The minutes revealed that the Fed might be closer, than many (including me) had anticipated, to issuing another quantitative easing plan in…
Gold and silver prices, much like the Euro, hiked on Tuesday as many forex and bullion traders anticipate the ECB bond purchasing program will commence in the near future. There are also speculations on whether the People’s Bank of China…
The Euro Area GDP contracted by 0.2% during the second quarter of 2012; this contraction in GDP came despite the slight growth in Germany’s economy by 0.3% and perhaps due to the decline in GDP in other leading countries such…
Gold and silver fell for the third consecutive day. The lingering effect of the recent FOMC decision to keep policy unchanged and ECB’s decision to leave interest rate unchanged may have contributed to the decline of not only the Euro,…