Global Capital Reserves: Gold Rockets Higher, But Why?

Friday, January 16, 2009

Gold Rockets Higher, But Why?

A weaker Dollar is being attributed for the rocketing price of gold today, but I fail to understand the reasoning. The US Dollar really wasn't that much weaker. The price of gold surged $30/oz!

S Benard at 7:03 PM

‹

›

Home

View web version

About Me

S Benard: United States; I am a student of economics, financial analyst, and futures trader, specializing in agricultural commodities, and especially grains, but I also trade gold and other metals, soft commodities, treasuries, and stock index futures. I began trading spot Forex currency crosses in May 2003, and in August 2006, I met a futures trader who has been making a living in futures for more than 20 years, and he became my futures mentor. I've never looked back, and I am now head trader for Global Capital Reserves, my own firm. I also have both Bachelors and Master of Science degrees in business. I really enjoy trading futures, and hope to share my successes, a few failures, and methodologies.

View my complete profile

Powered by Blogger.