What are the implications for the stock, bond and housing markets, as well as for gold and the dollar? How can you seek protection? Let us address these one at a time.
A new closing high but not an inter-day high. Three weeks now and gold is having trouble breaking through that $479 high. Maybe this week.
Good week for gold, stocks lag. BHP copper output down. Bema, Arizona Star take action against Placer Dome and more this week on the Canadian markets.
In this Edition: Metals, Energy, Currencies, Indices & Financials.
The U.S. government sells a whole lot of bonds every month, and since Americans are reluctant to save on a meaningful level, foreign interests purchase many of these bonds.
Golden Star Takes Aim At St. Jude, Wolfden Takes Control Of Follansbee, Placer KO's Cerro Casale, Crystallex Feels The Heat and more this week on the Canadian markets.
So, where is a junior Exploration & Production (E&P) company to look these days in order to make a big find?
Answer: the North Sea.