Gold Investments Market Update - “Unlimited” Quantities of US Dollars and $62 Trillion Worth of Credit Default Swaps to Threaten US Government Bonds |
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Gold experienced sharp falls on Friday but was still up by more than 3% on the week. This was a very impressive performance considering that major equity indices crashed some 20% to 25% for the week (see Performance table). Asian and European shares have rallied in early trade this morning, bouncing from last week’s crash, after eurozone and international governments announced guarantee measures for banks, and central banks moved to boost liquidity by injecting "unlimited" amounts of
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