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Jobs and Syria
The market quietly awaited the August jobs report Friday with premarket trading and futures markets remaining little unchanged ahead of the reading.
Entries by Border Gold Corp.
39 Years Ago Today
The date was August 9th, 1974 when Richard Nixon resigned the Office of the President of the United States.
Ahead of Friday’s Job Numbers
Six years after a recession that rocked the global financial system, there is no shortage of excitement, especially during a season that is known as the “doldrums of summer.”
One Year Later, the Euro’s still hear and the Zone Lives as One
“Within our mandate, the ECB is ready to do whatever it takes to preserve the euro. And believe me, it will be enough.”
‒ Mario Draghi
A Farewell to Congress
“The economic recovery has continued at a moderate pace in recent quarters despite the strong headwinds created by federal fiscal policy,” was Ben Bernanke’s opening line when delivering what is expected to be his final testimony before the often unpredictable US congress on Wednesday.
The Bernanke Put Lives On
Investors who have been salivating for reassurance regarding the outlook for more monetary stimulus from Federal Reserve Chairman Ben Bernanke got their wish this last week.
Here We Go Again
One thing has been consistent with the selloff in gold. There’s always a really good story to explain why the market reacted the way it did.
It’s All About Inflation
The biggest rumour or perception though that QE created was that it would lead to rampant inflation. Such expansive monetary policy would lead to the demise of the US dollar, and one of few assets able to hold value was gold.
The Fed Plays On
It’s hard to avoid the topic of how the emerging market funds have been absolutely hammered in the last month over the premature fear of interest rates starting to creep higher in the United States.
The Ultimate Shift
The US economic recovery is really at a crossroads in terms of which direction it will head next.