As the U.S. dollar’s reign as global reserve currency appears to be ending, are we seeing the beginning of a new dawn from China? See what they’ve been up to recently…
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With the presidential election just a few days away, the latest jobs report showed that more jobs than expected entered the economy in October, pushing gold to close at $1685. But even with this drop, the yellow metal continues to average unprecedented highs. Silver, however, is looking like a steal, with global markets bullish on the white metal. Superstorm Sandy’s wake of destruction may have done little compared to the anticipated market frenzy before the US election: with opinion polls showing a dead heat between Obama and Romney, analysts are expecting a surge in trading after the election. Does emotional trading commence on the 7th of November?
