Commodity Trade Mantra

Posts Tagged ‘Forex Reserves’

With Its Gold Vaporized, A Furious Ukraine Turns On Its Central Bankers

It was only a matter of time before Ukraine’s people finally got angry & demanded answers. A Kyiv-based court has instructed prosecutors to bring an action against National Bank of Ukraine Governor Valeriya Gontareva, who Kravets claims has intentionally committed an unfavorable transaction for the gold & forex reserves of Ukraine.

14 Reasons the Dollar is Doomed, but the Devout Believe its Invincible

Cultism surrounding the US economy & the US dollar is mind boggling & by cultism I mean a blind faith in fiat currency mechanism that goes beyond all logic. Despite the childish boasting’s of the dollar devout, there is an extraordinarily possibility that its life will be snuffed out in the near term.

Gold Price Prediction Based On Technical Analysis And China Demand

The average bull market in Gold lasted 434 days with gains of 94.89%. Projecting this historical average to the upcoming bull market, one might see gold top $2,315/oz by mid-2016. Nevertheless, the wild card China Factor may well fuel the price of gold in the next few years much above $2,315.

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