Jul 12, 2010

For most of you investors or non-investors almost everyone knows that gold is a good hedge. So if you make and earn US dollars but dont’ want to earn .5 or 1 or 2 or 3 percent interest in a savings account and don’t want to depreciate the value of your purchasing power by just storing your money saftly becuase every day that the national debt...

Jun 18, 2010

EUR/USD stayed in tight range above 1.2143 last week as consolidations continued. More sideway trading cannot be ruled out. But in case of another rise, we’d expect upside to be limited by 38.2% retracement of 1.3691 to 1.2143 at 1.2734 and bring fall resumption. On the downside, decisive break of 1.2143 will confirm down trend resumption and should ...