A look at the gold market over the last few months shows that the pattern of price movements has changed from the traditional patterns. If you take the time factor out of charts on the gold price, the pattern of behavior becomes simple. Continue reading
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As global growth is being downgraded by the I.M.F. from 3.5% to 3.1% fears that the Eurozone is already in a recession and the U.S. is likely to enter one next year, are growing. As the world becomes more and more familiar with the economic and financial climate investors are realizing that economic life is far from simple and that growth is not something that governments or central banks can turn on or off. Continue reading
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