The latest details from the Fed and the FOMC meeting, say that the FED is debating a QE3 and an exit strategy, while Gold has reached an all time high this morning surpassing the previous $1577/oz nominal all time high of last May , many experts have warned that QE3 is inevitable despite the FED denied that it won't call another QE after the end of QE2 last June ....Gold price seem on fire since yesterday and it is very likely that gold today will end well above $1580/oz silver too is climbing and is over $37/oz so far....
Related ETFs : Ishares Silver ETF (SLV), SPDR GOld ETF (GLD) SPDR GOld ETF (GLD), Powershares DB SPDR Gold ETF (GLD), Newmont Mining (NEM), Barrick Gold (ABX), GoldCorp (GG)
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Showing posts with label FOMC. Show all posts
Showing posts with label FOMC. Show all posts
Wednesday, July 13, 2011
Wednesday, April 27, 2011
Gold, Silver surge on FED announcing Quantitative Easing 2.5
Gold, Silver surge on FED announcing Quantitative Easing 2.5 , the Fed's FOMC announcement today propelled the price of gold and silver further with gold reaching another all time high of $1527 so far , all of us gold and silver hoarders should really thank Mr Ben Bernanke cause anytime he shows his face on national TV with new announcement the gold and silver prises surge , again and again thank you Mr Ben Bernanke....
Related ETFs : Ishares Silver ETF (SLV), SPDR GOld ETF (GLD) SPDR GOld ETF (GLD), Powershares DB SPDR Gold ETF (GLD), Newmont Mining (NEM), Barrick Gold (ABX), GoldCorp (GG)
Related ETFs : Ishares Silver ETF (SLV), SPDR GOld ETF (GLD) SPDR GOld ETF (GLD), Powershares DB SPDR Gold ETF (GLD), Newmont Mining (NEM), Barrick Gold (ABX), GoldCorp (GG)
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