What’s moving gold?

By admin | December 6, 2007
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Submitted by Gold Stocks Blog

Written by Michael Vass

The ripple effect from the mortgage crisis here in America continues to reverberate around the world. As in China and Asia

“With the chance that U.S. markets will be receiving another rate cut by the Federal Reseve, Hong Kong rallied and took much of the Asia markets with it. Even the Chinese banks, which are expected to raise the reserve ratio to a high of 17%, gained with expectation”

the actions by President Bush and the expectations on the Fed have affected gold prices and stocks.

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