Thursday, October 07, 2010

Rapid Rise of the Gold Price

It's been one of the biggest stories of the year - the rapid rise of the gold price. As uncertainty and recession have gripped global buyers everywhere they have headed to one of the safest havens for investors - gold. Demand for the metal means gold prices have trebled over the last decade and hit new highs in recent weeks. ABN's senior journalist, Chris Bishop, looks behind the story of the meteoric gold price.

Link: http://www.youtube.com/


1 Comments:

At 10/11/2010 10:58 AM, Blogger BxCapricorn said...

Here are two links I want you guys to read and discuss.

http://research.stlouisfed.org/fred2/graph/?chart_type=line&s[1][id]=DFINCP&s[1][range]=1yr

Showing how, on Sept 15th, the game changed as the Fed is allowing every company with debt, to refinance at the ZIRP. The second is this one:

http://seekingalpha.com/article/229392-meaningless-monday-rethinking-that-round-earth-idea

To understand how and why the PM trade is a bubble, just like Real Estate was five years ago.

 

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