DailyMarkets.com - Crude Oil Sinks, Gold Finds Support On Dismal Eurozone GDP

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Crude Oil Sinks, Gold Finds Support On Dismal Eurozone GDP Posted: 14 Feb 2013 04:03 AM PST Crude oil fell amid risk aversion but gold rose on an increased chance of the ECB joining global stimulus efforts in the wake of dismal Eurozone GDP figures. Talking Points Crude Oil, Copper Sold as Eurozone GDP Slump Sinks Risk Appetite Gold and Silver Rise as European Recession Boosts ECB Easing Hopes Crude oil and copper prices are following European stocks lower amid a broad-based unwinding of risk appetite in the wake of a disappointing roundup of fourth-quarter Eurozone GDP figures. The … [visit DailyMarkets.com to read more] or compare Credit Card Rewards or Best Credit Cards

‘Beggar Thy Neighbor’ Leads To Currency Wars Posted: 14 Feb 2013 03:56 AM PST The United States still has an official policy of pursuing a strong dollar, right? Yes, right, and if you were to believe that, might I interest you in a bridge in Brooklyn? The simple fact is that five years into our economic crisis, the major economic centers of the world, those being the USA, the EU, and now Japan are all employing the same central bank policy to support their economies. This policy of quantitative easing is an attempt to accomplish a combination of the following, with … [visit DailyMarkets.com to read more] or compare Credit Card Rewards or Best Credit Cards

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