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Monthly Archives: February 2012
Rising Oil Prices Could Send Gold Skyrocketing
Countries worldwide felt the effects of rising oil prices last week as oil rose to a 10-month high above $125 a barrel on February 24. This jump in prices not only prompted an outcry from consumers and responses from policymakers around … Continue reading
Gold Prices Spiking As Europe Default Risk Remains
Hope all you GoldWatch readers had a Happy Presidents Day! Now to the news… After Seven months of negotiations, Greece won the 130 billion euros ($172 billion) in aid it needs to avoid a March bankruptcy in the early hours … Continue reading
Spending More Than Earned: Debt Slavery in the United States
In today’s economy, debt and inflation are problems that are not only getting worse at a government level, but at a local and individual level as well. According to a recent study conducted by the BlackRock Investment Institute, the ratio … Continue reading
Despite Slight Pullback, Gold Prices Hit 11 Week High
Gold hit its highest price levels since mid-November on February 3, as expectations that US monetary policy would remain ultra-loose, boosting investor appetite for bullion. With last month’s quarterly Fed press conference signaling a consideration of further monetary easing and interest … Continue reading