There are abundant reasons to stay away from the stock market these days. If you don’t have enough time and are not willing to dedicate your focus on charts and business news, stocks may not be the right investment for you.
Tag Archives: gold stocks
China & PBOC’s gold announcement and consequences
The severe recent price drop has a few reasons behind it. They go from the financial (and now obvious) matter to the psychological aspects of the market. It becomes a true race between gold and the United States Dollar.
The Mining Industry is wounded
All the markets around the world are in expectation because the severe problems in the European continent. Many indexes were truly hurt in the last couple of days. Specialised media has talked about all the ups and downs in the equity markets but the commodities are being ignored quite a bit.
Gold is losing the race against the Dollar
These are not good days for gold prices. Too many important and relevant events eclipsing the precious metal market are going on. From America to Greece, there is big news in the economic matter. At every side, gold prices are getting hit and the fall continues.
