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Daily Gold Investments Market Update
O'Byrne, Gold Investments
Gold Falls for Third Day After Dollar Gains, Crude Oil Falls
Bloomberg
Gold fell for a third day in Asia as the dollar traded near the highest in one week against the euro and crude oil declined, eroding the appeal of the precious metal as a hedge against inflation.
Gold outlook bullish says Saxo
The Gulf Daily News
A weaker US dollar and equity markets still on a sell mode provided a boost to gold prices last week, with the next month's gold price rallying to $950, a one month high.
Climate change, commodity prices top G8 agenda
Marketwatch
Leaders of the Group of Eight industrialized nations kicked off a three-day meeting in Japan Monday, with climate change topping the agenda at this year's summit.
Oil's Rapid Rise Stirs Talk of $200 a Barrel This Year
The Wall Street Journal
Oil's historic ascent from $100 to nearly $150 a barrel in just six months is lending weight to a far grimmer prediction: Crude could reach $200 a barrel by the end of the year.
The buck doesn't stop here; it just keeps falling
Raum, Yahoo News
Things in the U.S. sure are tough. Brother, can you spare a euro? Signs saying "We accept euros" are cropping up in the windows of some Manhattan retailers. A Belgium company is trying to gobble up St. Louis-based Anheuser-Busch, the nation's largest brewer and iconic Super Bowl advertiser.
PS Flunk Inflation Test as Fuel, Food Overtake CPI
Hernandez, Bloomberg
Treasury Inflation Protected Securities aren't living up to their name for bond investors who say they can't trust the way the U.S. government calculates the rising cost of consumer goods.
Gold: the precious laggard that will hit $2,000
Williams, The Telegraph
In 1999 when oil was $10 a barrel, I suggested that the price would ride fivefold to $50 a barrel in real terms over the next few years. This forecast was dismissed with incredulity at the time. Almost 10 years later with the price over $130 a barrel, my original forecast turned out to be rather timid - with mainstream commentators now forecasting $200 a barrel.
A gap in the hedge
The Economist
It is easy to understand why bond markets are vulnerable to inflation, since the value of most bonds is fixed in nominal terms. But the remarkable thing about the inflation scare is that it has left them virtually unscathed.
Long on Gold
Video on CNBC
Go long on gold and the Swiss franc, advises Leslie Phang, head of investments at Schroders Private Clients. He cautions investors against emerging markets currencies and the greenback. He tells CNBC's Martin Soong why.
Housing market seen getting worse
Reuters via Yahoo News
An even gloomier scenario may be in store for an already ailing U.S. housing market if the overall economy slips into a recession, according to UBS Securities analysts.
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