As a “generational perfect storm” brews on the horizon for gold & gold stocks, the HUI Gold Bugs Index is basing within a rather defined trading range.
After doubling off the October and November lows, the HUI gold stock index has now found support at earlier resistance levels near HUI 248, and resistance from consistent profit [...]
Gold And HUI Gold Bugs Index Charts & Trading Thoughts…
March 24th, 2009 · 5 Comments · Gold and Silver Trading, Research & Analysis
Tags: Gold·Gold chart·Gold vs. Currencies·Gold vs. US Dollar·HUI Chart·HUI Gold Bugs Index·HUI Gold Index·JP Morgan Derivatives·Quantitative Easing
Bank Of England Joins US Fed In Quantitative Easing
February 11th, 2009 · No Comments · Gold & Silver News
The Bank of England has joined the U.S. in quantitative easing. MarketWatch News quoted the BOE’s Mervyn King this morning saying..
“Such measures are known as quantitative easing and amount to effectively printing money in order to boost the money supply.”
http://www.marketwatch.com/news/story/Bank-England-ready-boost-money/story.aspx?guid={43C469BB-02A8-4D35-A6C1-9C9956AAEB79}
” The Bank of England is prepared to further ease monetary policy and could buy British [...]
Tags: Bank of England·Ben Bernanke·BOE·Central Banks to print money·Mervyn King·Monetization·Monetize the Debt·Money Supply·Quantitative Easing·US Fed