I recall that the last time gold price sharply rose was back in August when the markets stirred up over the U.S. debt ceiling debacle which was followed by the S&P’s downgrade of U.S.’s credit rating. Back then gold price…
The decision of FOMC to purchase $400 billion worth of Long Term Securities by selling Short Term Securities by the end of June 2012, may have triggered a sharp reaction in the financial markets that turned into a sharp drop…
According to a recent report, of the U.S. Department of the Treasury, the U.S. Treasuries longer-term notes by other countries declined by $16.7 billion during June compared with May’s acquisitions. Foreign holdings of all dollar-denominated short-term U.S. securities and other…