Originally posted by zeitghost
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Reply to: Gold has just surged again
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Previously on "Gold has just surged again"
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Looks like Gordon got out just in time.Originally posted by HairyArsedBloke View PostBut, but, but, ...... a lower Sterling exchange rate would be good for exports and restore our balance of trade. Reuters: Trade deficit widens after imports jump
Last edited by TimberWolf; 13 May 2010, 13:19.
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But, but, but, ...... a lower Sterling exchange rate would be good for exports and restore our balance of trade. Reuters: Trade deficit widens after imports jump
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Sterling down, gold hits a new record again today. Same old same <yawn>
Interest rates to be kept low for the foreseeable future, inflation is not a concern (except to investors and savers).
Looks like devaluation and inflation is the way to go. Mugabenomics.
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The predictions on the Greece bail out are in, and it's not favourable, unemployment in UK and USA is poor, yet the company profit data is good (esp in the UK centric FTSE 250), and there is good news on the return of dividends for many companies ... more volatility beckons. Sweet.
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I've got an odd feeling the stock market is about to head South again in the next few days also (and I'm usually bullish).
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Wouldn't have happened under Labour...Originally posted by TimberWolf View PostUnemployment data probably didn't help:
BBC News - UK unemployment increases to 2.51 million
And so it begins.
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Unemployment data probably didn't help:
BBC News - UK unemployment increases to 2.51 million
And so it begins.
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Gold has just surged again
A new record. Something's up. Interesting times.Tags: None
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