Gold explodes higher on Fed decision, with pending market uncertainty and inflationary pressure, look for the potential of $2000/USD in the near future. Gold is up $22.40USD/oz @ 1722.50; Silver up $0.34@ 33.46USD/oz. Oil is also up $1.33@ $100.73USD/barrel. The Euro hit a recent high of 1.3521/USD, Range 1.2625-1.3521/USD within the last weeks. The USD is falling across the board. The C$ rises heading toward PAR and taking cue from the Euro. The question to ponder, “Will the Euro fail?”
Note-movements based on previous days closing market prices.
- Interest Rate Policies Reflect Differently for Each Countries Situation. Europeans Cut Interest Rates But North America Holds Firm As Inflation and Uncertainty Rise.
- Divergence in Interest Rate Policy Will Keep the USD Firm; Is Canada’s Housing Market Experiencing A Dead Cat Bounce, or is Lack of Confidence The Real Culprit
- Trade Deals Galore For America; Canada in Precarious Position, As Consumer Confidence Plummets. Save The Ostriches!
- Canadians Fleeced Again As Lies Come To Fruition & Promises Shattered. Will Economic Carnage Follow? Mother’s Day This Weekend! Fed on Docket.
- Canadian Economic Future Just Took A Left Turn, Only Time Will Expose The True Intentions of A New Canadian PM. Be Prepared To Pay and Feel Pain! Don’t Complain!
I love you Don Filippo
I think I love you!