The price of Gold futures continue to shoot over the roof. One driver of the price is the recent gold purchases by India Central bank from the IMF.
The central bank of India has purchased 200 metric tonns of gold from IMF.
According to this economics time article.
India is spreading its assets which are said to be [...]
Entries Tagged as 'Economic News'
India? Total Gold Purchases : India Gold Holdings
November 11th, 2009 · No Comments · Economic News
Tags:Bank Of India·Brazil·Buy Gold·Central Bank Of India·Currency Assets·Foreign Currency·Foreign Exchange Reserves·Gold Futures·Gold Holdings·Gold Reserves·Imf·India Central·India China·Private Gold·Reserve Position·Sovereign·Special Drawing Rights·Time Article·Tonns·Us Treasury Bonds
How The Stock Market Goes Up While US Economy Goes Down
November 5th, 2009 · No Comments · Economic News
The common wisdom was that the stock market mirrored the economy. If the economy is on an upswing the stock market went up.
But looking at US data, a strange thing is happening. The buoyant S&P 500 has risen 53 percent since the March bottom while the economy has remained flat.
An article in slate.com explains this [...]
Tags:Amp·Anomaly·Beijing·Borders·Burgers·Cars·Economic Activity·Exporting Goods·Globalization·Market Economy·Overseas Subsidiaries·Profits·Rest Of The World·Slate·Soda·Stock Market·Strange Thing·United States·Upswing·Wisdom·World Economy
Greed Is Good : Michael Friedman Interview
September 26th, 2009 · No Comments · Economic News
Phil Donahue was interviewing free market economist Milton Friedman and wanted to know if Friedman had ever had a moment of doubt about “capitalism and whether greed’s a good idea to run on?” Friedman was quick in response:
“…is there some society you know that doesn’t run on greed? You think Russia doesn’t run on greed? [...]
Tags:American Presidents·Appointees·Automobile Industry·Bureaucrat·Capitalism·Commissar·Economist Milton Friedman·Free Enterprise System·Government Bureaus·Greed·Henry Ford·Market Economist·Michael Friedman·Milton Friedman·Moment Of Doubt·Ordinary People·Phil Donahue·Political Clout·Productive Activities·Self Interest
U S Economic Recovery : 5 Signs Economy Is Getting Worse
July 16th, 2009 · No Comments · Economic News
Yahoo finance had this headline 9 reasons why the economy is not getting better. The article was evidence of what I believe the $ 700 billion stimulus wont work because if you look at Japan, Japan has been stimulating its economy since 1990s and they have never returned to any noteworthy growth. Japan has been [...]
Tags:1990s·Citizens·Economic Recovery·Economy·Giant·Infrastructure·Japan Japan·Job Losses·Jobless Benefits·Lengthy Article·Medicaid·New Jobs·Part Time·Part Timers·Perception Is Reality·Productivity·Recession·Signs·Stimulus Package·Yahoo Finance
