The Daily Nugget – gold quiet below $1,700
by Jan Skoyles, TheRealAsset.co.uk
Well today Obama begins his first full day in office in his second-term as President of the United States. As many of you will know from our previous gold investment research, Barack Obama was the best choice for the gold price when it came to the election last year. We found that gold saw the largest increases when a Democrat president was serving his second term.
In research released yesterday, we also found that in the months surrounding an inauguration, January was the best month to invest in gold. You can read more about our findings here.
One of the highlights of today has already happened – the Bank of Japan concluded their latest interest rate setting meeting. As expected the US’s guinea pig has taken its biggest step to fight stagflation, raising its inflation target to 2% and confirmed open-ended asset-buying into next year.
Read More @ TheRealAsset.co.uk
2013-01-23 07:15:51
Source: http://sgtreport.com/2013/01/the-daily-nugget-gold-quiet-below-1700/
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