The global currency war just got real.
http://www.zerohedge.com/news/2015-08-11/gold-soars-after-chinese-currency-devaluation
Showing posts with label Soars. Show all posts
Showing posts with label Soars. Show all posts
Tuesday, August 11, 2015
Monday, April 13, 2015
Thursday, January 15, 2015
"It's Carnage" - Swiss Franc Soars Most Ever After SNB Abandons EURCHF Floor; Macro Hedge Funds Crushed
There are many counterintuitive cross-currents due to the Swiss National Bank removing the peg between the Swiss Franc and the Euro, but one unintended consequence is prices of precious metals soared--at least when priced in USDollars. In stark contrast, the price of gold--when priced in USDollars--plummeted due to the violent appreciation of the Swiss Franc.
The currency wars continue to wreak havoc on forex speculators and global financial systems, with far-reaching implications for the average consumer.
http://www.zerohedge.com/news/2015-01-15/its-tsunami-swiss-franc-soars-most-ever-after-snb-abandons-eurchf-floor-macro-hedge-
The currency wars continue to wreak havoc on forex speculators and global financial systems, with far-reaching implications for the average consumer.
http://www.zerohedge.com/news/2015-01-15/its-tsunami-swiss-franc-soars-most-ever-after-snb-abandons-eurchf-floor-macro-hedge-
Labels:
Abandons,
carnage,
crushed,
EURCHF Floor; Macro Hedge Funds,
SNB,
Soars,
swiss franc
Thursday, July 10, 2014
CYNK Share Price Soars
Irrational exuberance? $15? Really?
http://finance.yahoo.com/echarts?s=CYNK+Interactive#symbol=CYNK;range=1m
http://finance.yahoo.com/echarts?s=CYNK+Interactive#symbol=CYNK;range=1m
Labels:
CYNK,
Share Price,
Soars
Tuesday, December 24, 2013
Demand for food stamps soars as cuts sink in and shelves empty
America, home of the poor and hungry...but hey, it's all good as the prices of trophy real estate, rare art, diamonds, and stock markets are all soaring, right?
What Americans don't realize is the Fed's "stimulative" policies are enriching only the rich, while the rest of the economy is suffering. Printing money out of thin air doesn't stimulate the economy. It only deepens our country's debt problems.
http://www.theguardian.com/world/2013/dec/24/food-stamps-programmes-cuts-working-americans-texas
What Americans don't realize is the Fed's "stimulative" policies are enriching only the rich, while the rest of the economy is suffering. Printing money out of thin air doesn't stimulate the economy. It only deepens our country's debt problems.
http://www.theguardian.com/world/2013/dec/24/food-stamps-programmes-cuts-working-americans-texas
Labels:
cuts,
demand,
food stamps,
shelves empty,
Soars
Thursday, August 8, 2013
Saturday, July 27, 2013
Gold Smuggling Soars In India
Gee, given the Indian government is trying to suppress demand for gold by taxing the hell out of it, no one saw smuggling soaring, right?
http://www.zerohedge.com/news/2013-07-26/gold-smuggling-soars-india
http://www.zerohedge.com/news/2013-07-26/gold-smuggling-soars-india
Labels:
Gold Smuggling,
India,
Soars
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