Mar
23
2009
London Gold Market Report
Posted by: in Home Mortgage Online, tags: Balance Sheets, Bank Balance, Banks, Currencies, Excerpt, Gold Market Report, Investment Program, Investments, London Gold, Monday Morning, Mortgage Bond, Ounce, Partnership Investment, Physical Gold, Public Private Partnership, Treasury, Trillion, Us Bank, Wall Street, Wall Street StocksRandom Feed wrote an interesting post today on
Here’s a quick excerpt
Gold Bubble “May Be Inevitable” as Washington Funds “7% Down” Mortgage-Bond Rescue Worth $1 Trillion THE SPOT PRICE of physical gold moved in a 1% range against all major currencies Monday morning, bouncing off a low of $946 an ounce as the Dollar rose vs. the Euro and Wall Street stocks jumped on a new rescue plan for US banks. Announcing its new “Public Private Partnership Investment Program” – and aiming to remove $1 trillion of toxic investments from US bank balance sheets – the Treasury
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