Gold Fields Takes Aim At Bolivar Gold, Placer Dome Snubs Barrick, Skygold-Wildrose Halted Pending News and more this week on the Canadian Markets.
Dissent in the European Central Bank... the Yen gets smacked... it's all blue sky for commodities and more in this edition of the Daily Pfennig - Your Eye on World Currencies!
Thanks to the long bear market in gold, a generation of investors now consider it an investment dog. In this important article, Doug Casey explains the fundamentals behind gold's lasting values... and why the new bull market in gold is now unfolding.
Wishing for real Central Bankers... Tale of Two News Headlines... A snippet from the Aden Sisters!... Canadian consumer inflation remains low... and much more, including today's currency prices, in this edition of the Daily Pfennig - Your Eye on World Currencies!
Gold is closing in on the $500 level; The new Polish government decided not to adopt the Euro as its currency & Every few months, I try to determine which major currency is most undervalued
At his nomination hearing to succeed Federal Reserve (Fed) Chairman Greenspan, Ben Bernanke tried to diffuse his famous 'helicopter' remarks. He earned the nickname "Helicopter Ben" when he implied that deflation could be fought by dumping money out of helicopters.
The Federal Reserve Board recently announced that it will stop publishing figures for M3 in March of 2006. It is one of the most commonly referenced measures of the U.S. money supply. This is not a momentous event, but it is another sign that the Fed would rather tell us less than tell us more.