Gold price rockets up as a natural haven during the turbulent financial markets. It is reflective type behaviour from the past when gold played a very specific role in finances. Currently, gold is a normal commodity with its price fully driven by the market. Therefore, the rocketing gold price likely repeats the trajectory of house prices before 2006. Some experts say that it was a bubble in sense that the house prices were speculative. Gold can not be an exclusion from "normal" market behaviour . When the market players understand this simple rule the price will plummet down. I expect this fall in 2011 because the negative tendency in economic performace has no alternative and there is no really safe haven for assets.
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These are two biggest parts of the Former Soviet Union. To characterize them from the economic point of view we borrow data from the Tot... -
This paper "Gender income disparity in the USA: analysis and dynamic modelling" is also of interest Abstract We analyze and deve...
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These days sanctions and retaliation is a hot topic. The first round is over and we will likely observe escalation well supported by po...
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