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Stocks markets have hit record (nominal) levels in the last few days, amid the on-going torrent of central bank currency injections into the banking system. Month-on-month changes in the US M3 money supply continue to show robust gains, with this money stock now at $15.1 trillion and some measures of year-on-year US house price gains ...
Precious metals, commodities and equities slipped again yesterday on news that France and Germany continue to disagree on the best way to expand the European Financial Stability Facility (EFSF). All eyes will be on this Sunday’s European Council gathering, with the markets hoping for signs that Europe’s leaders have at last ...
Concerns over the health of the Franco-Belgian bank Dexia added to the bearish mood affecting stock markets yesterday. Dexia’s shares slid 10% on the news that Moody’s Investors Services Inc has put the bank on review for a possible downgrade. Dexia concedes that its large loans to European local authorities prior to 2008 have ...
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Gold:Gold Buy Rates |
$44.7192/gg $1,390.90/oz |
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Silver:Silver Buy Rates |
$0.7278/gg $22.64/oz |
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Platinum:Platinum Buy Rates |
$46.8437/pg $1,457.00/oz |
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Palladium:Palladium Buy Rates |
$23.6630/pd $736.00/oz |
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