RE: Goldcorp = 700% on fiatz$ - last 5 years -RE: Goldcorp = 700% on fiatz$ - last 5 years -
NEWS AT A GLANCE
Friday, May 12, 2006
[Harold Maass]
Markets Slide on Inflation Fears -
Inflation fears spread after sparking a 142-point plunge
in the Dow industrials yesterday.
Stocks dropped in Europe today.
(Bloomberg.com)
Japanese stocks also fell sharply.
(AP in Yahoo! Finance)
A run-up in the prices of - Gold, Oil, and other
commodities stoked concerns that
the Federal Reserve would continue hiking short-term
interest rates to control inflation.
The Fed raised rates for the 16th straight time
on Wednesday to 5 percent, and left open the
possibility of more hikes.
The uncertainty spooked investors, said Todd Leone,
head of listed trading at SG Cowen.
"The Fed scared everyone," he said.
(USA Today)
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Video Info - What is -
Money, Banking and the Federal Reserve -
https://www.ivarkreuger.com
https://www.investorshub.com/boards/board.asp?board_id=5404
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Strategic Buy - Goldcorp - Gold bargain -
RE: Goldcorp Gold $711.88 per ounce -
-- Overall, "a global readjustment is taking place, and
the short of it is --
the U.S. dollar is losing its dominance,"
Peter Spina, chief investment strategist,
said earlier Thursday.
"Clearly, the shift from the U.S. dollar is accelerating,"
he said.
"Combine this with other driving factors in the Gold market,
[and] you have the recipe for much higher prices."
John Person, president of National Futures Advisory Service,
said, "Crude oil is above $70 per barrel, wage costs
have increased ...
and the dollar is sharply lower since the beginning
of the second quarter --
this gives the Gold bulls more reason to buy now,
especially since many believe Gold could hit $800 to
$1,000 per ounce soon." --
https://www.investorshub.com/boards/board.asp?board_id=5404
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Bless Christ The Lord
.