Powered by Blogger.
2012-05-10

Euro Zone Worries Intensify - Gold And Share Price Down

Political tension in Greece intensified concern about Europe's fiscal health.

The mood music is turning against Greece.
When the eurozone crisis first kicked off, the idea of letting Greece leave the eurozone (or ejecting it), was unthinkable.

European leaders weren’t allowed to speak of such things, for fear that those nasty speculators in the financial markets would get the wrong idea.
Now the gloves are off. The head of the leftwing party that came second in the weekend’s Greek election is declaring that the austerity programme needs to be ripped up.In response, the European Central Bank has politely but firmly said: “drop dead” (or words to that effect).

An exit for Greece is starting to look more likely than not. With the stock index at a 20-year low, investors certainly seem to be pricing in a return to the drachma.

Gold price move down due to fully speculation from US and Euro to keep printed money value but we notes that China is become biggest gold buyer now, gold can not be print and when come to a limit, trading may change to base on gold value when printed money is too many.

0 comments:

Related Posts Plugin for WordPress, Blogger...

PostRank

My Blog List

Blog I Follow

Popular posts

Blog Archive

Templates

Stock Quote

Stock Quotes
KLCI Live Quotes
Lookup Stock Code/Name
Enter Stock Code/Name
FastQuote

Powered by zoomFinanceCorp.

Subscribe Now: Feed Icon

Home Page Home Page Home Page Home Page Home Page Home Page

Investment Idea

My investment with RM5,000 initial capital have been growing since 2005.I found the stock market appears confusing and complicated, but it is most definitely based on logic "supply and demand". However, the laws of supply and demand as observed in the markets do not behave as one would expect. To be an effective trader, there is a great need to understand how supply and demand can be interpreted under different market conditions and how to take advantage of this Off Market Transactions in KLSE.

Malaysia Gold Price

Gold Price Per Gram in Ringgits
Malaysian Ringgits per Gram

  © Free Blogger Templates 'Greenery' by Ourblogtemplates.com 2008

Back to TOP