Archive for December, 2010

Yen Bullishness Reaches New Heights

Thursday, 30 Dec 2010


The USD/JPY has fallen for the past 6 consecutive trading days as Japanese exporters buy the yen. This one-sided trade and the sharp losses in the pair may force the Japanese Ministry of Finance to intervene in the currency markets at the beginning of the [...]

Shayne McGuire: Everything gold is new again

By Shayne McGuire
Newsweek, New York
Wednesday, December 29, 2010
http://www.newsweek.com/2010/12/29/everything-gold-is-new-again.html
Gold used to be regarded as an investment for losers — for the crazies forever expecting the financial apocalypse.
To the great economist John Maynard Keynes, it was a “barbarous relic” of a primeval economic past. Many people have abandoned that lousy stereotype, now that the debt-driven bubbles [...]

Gold and silver shorts losing control, Turk tells King World News

4p ET Wednesday, December 29, 2010
Dear Friend of GATA and Gold:
GoldMoney founder, Free Gold Money Report publisher, and GATA consultant James Turk tells King World News that the ascent of gold and silver even at the end of the year, when the market-rigging shorts most want to suppress prices to disparage the benchmark values of [...]