Wednesday, January 21, 2009
GOLD SEEK ARTICLE 1/21/09
CREDIT TO FASTGT FOR THE LINK:
Questions Begging Answers
Posted Tuesday, 20 January 2009 By: Rob Kirby
To say that markets have been behaving “strangely” recently is an understatement. In recent weeks and months we’ve been witness to historic lows in sovereign interest rates in-the-face-of record amounts of debt being issued by governments? We’ve seen the price of gold behave counter intuitively by “not rising” in-the-face-of unprecedented systemic global economic malaise? Last, but not least, we’ve witnessed a “complete flip-flop” in the traditional pricing of Brent Crude Oil [IPE-London] versus West Texas Intermediate [NYMEX-N.Y.]?
So we have the price of gold, the price of crude oil and interest rates – three items vital to the integrity of the U.S. Dollar - ALL trading in total disregard for their underlying fundamentals?
FOR THE REST, GO TO: http://news.goldseek.com/GoldSeek/1232485460.php
Subscribe to:
Post Comments (Atom)
No comments:
Post a Comment