From 2004 to 2011, gold has risen from the low of US$370 to a high of US$1487. That is an increase of about 300% over a 7 year period. That works out to be a return of about 42% annually. Compare this return to typical fixed deposit returns of less than 1% a year, you would...
AUDJPY has finally took a breather after rallying over 1500 pips from March 2011 low. Price has finally formed a lower high and lower low hinting at further correction to a strong support zone. Rumors to watch out for is China’s decision to raise required reserve rate ratio next week which will definitely hurt the Aussie...
