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Blog Archive ? Morning Snapshot

-- expats
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01/31/12 11:10
Gold Mine

Blog Archive ? Morning Snapshot

Thank author of this post/comment31-Jan (USAGOLD) - Gold pushed to new 6-week highs and silver probed above $34 for the first time in 12-weeks in early US trading on Tuesday before settling back into their respective ranges. Risk appetite seems to have been revived following the approval of a new EU fiscal pact, which lifted the euro and pushed the dollar lower. While tighter coordination of fiscal policies and tighter spending rules across the eurozone inspire some confidence, this likely translates into further austerity.

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• guidance • forecasts • evidence • volatility • problems • confidence • eurozone • trading • silver • home prices • economic outlook • consumer confidence • alternative investment • risk aversion • risk appetite •
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