Posts Tagged ‘Gold’
Gold rush points to further economic weakness?
The Dow closed 1.5% down on Friday following a turbulent week with varying signals on the direction and effects of the Eurozone crisis packages. The week ended with more or less everything down apart from Gold that strengthened. The fact that Greece is not the only country in serious trouble started to sift through the [...]
The Dow is stumbling again
The US Dollar is strong and the Dow slumps as the year comes to a close. Dow Jones is down almost 1 percent and the up and down is back again. Conflicting indicators are keeping the Dow on a sidetrack. Take the recent numbers on housing permits which rose some 6% while the Federal Open [...]
Dow and global markets waking up again
The signs of real financial recovery are finally building up. They are still signs, but notheless, positive. Nikkei-225 is pointing up as does the Hang-Seng. On the American side, the US unemployment figures came in somwhat better than expected, at 9.4%. Another interesting bit is Toyota, who in the midst of US car industry havoc, [...]
