Dollar Chaos And Gold Rush
Source: http://econotwist.wordpress.com/2009/11/05/dollar-chaos-and-gold-rush/Posted on Wednesday, November 4th, 2009 | In India, Investing Lessons, Norway
Contributed by: Frode Haukenes (http://econotwist.wordpress.com/) -
The speculative carry-trade in dollar is intesifying as investors can borrow dollar at a negative interest rate of 20%. Wendsday the dollar is diving as sharp as it was climbing yesterday. The price of stocks and other asset are getting adjusted again, the price of gold reach its the historic level of 1097 dollar per ounce. Then Mr.Bernanke [...]
Last 5 posts by Frode Haukenes
- The Evaporation of The Dollar - November 24th, 2009
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 About Frode Haukenes (http://econotwist.wordpress.com/)
Over 20 years of experience in media production; newspaper, magazines, radio, tv, web-publishing and multimedial work. Also experienced in starting new business, management and consulting. Specialities: Economic- and financial journalism. Radio-production. |
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