Finally, price of gold slipped their record rise, fall yesterday by 1.383.20 $28.50 $ per ounce. Gold prices rise theoretically in times of economic uncertainty, and they fall when a semblance of stability reappears. What is so fuel price? Some investors are suggesting recent extension of that era Obama President Bush tax cuts will help stimulate the economy. Is assumed that reductions - not further reductions in taxes, taxes, just an extension of existing - would be more effective than the monetary policy of the Federal Reserve?
The Federal Reserve recognizes that the growth of the country is not where it should be. To this end, week last Federal Reserve Chief Ben Bernanke, in an interview with the media reported that the Fed quantitative easing plan may need to be adjusted on the rise, as the pace of economic recovery in the United States was still mobile not fast enough. Indeed, a surprisingly small number last week in the Department of non-agricultural work pays hiring may have been what prompted the rare foray Chair Bernanke media circuit. After the end of the interview week, gold has increased with a view to $ more flooding the market.
Everywhere in the world, and economic indicators continue to firmly mixed; It places a downwards. Obviously, the United States economic recovery is still fragile, as well as many of the world's economies - just look for the United Kingdom and the European Union and the economic crisis there. With more than enough economic uncertainty for everyone, the gold bubble does not yet appear to risk of bursting. That these recent dip in prices gold was simply the perfect opportunity for investors to take advantage of a bargain.
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