Gold Prices: Begging for QE3 – Money Morning

The Fed's Operation Twist announcement Wednesday slammed gold prices, and the yellow metal fell 2.5% Thursday. Gold for August delivery ended last week down 3.8% to about $1,570 an ounce, well below its 2011 high of $1,920.30. Before the two-day ...Original Post By Google News Money Morning … [Read more...]

Crude Oil, Gold Vulnerable as Sentiment Sours Across Financial Markets – Yahoo Finance

Crude Oil, Copper Vulnerable as BIS Warns on Limits of Loose Monetary Policies Gold and Silver May Decline if Risk Aversion Stokes Haven Demand for US Dollar Commodities appear vulnerable after the Bank of International Settlements (BIS) said ...Original Post By Google News Yahoo Finance … [Read more...]