A golden goose that’s set to grow |
|
The rush for risky commodities as investors dump the dollar is only just beginning, says Price Behaviour expert Mike Baghdady... China shocked the market earlier this year when it revealed its gold reserves had doubled in five years, not least because Beijing had been quietly buying under the counter from its own mines. It seemed to many that the Central Bank of China had been found out, that it had finally spoken the unspeakable and declared: 'We're not going to use the US dollar as our
Filed under: Education
Latest Posts
- What I See in FX Market
- T-Bonds and Gold Signal Impending Stock Market Break
- Weak Outlook for U.S. Economy Pressure Dollar
- Weakness Stays With Greenback; Yen Might Start Sliding as well
- US GDP and a Preview of Next Week’s US Releases
- Comprehensive FX and Futures Daily Commentary
- Weak Japanese Economic Data encourages Shedding of Risk
- Economic Indicators Review
- Forex - Chart USD/MXN Update: Consolidation starting to crumble
- 08/01/2010 - The Dollar is on the ropes, again
- Spain: Labour force, employment and unemployment - July 2010
- The Second Quarter Ended on a Soft Note
- Intuition and Trading
- Mixed data slows market enthusiasm
- A HEART-TO-HEART TALK