Diamond Prices remain close to year highs
Investing News Network - January 3rd, 2011
Reuters.com reports that Diamond prices remain high.
Reuters.com reports that Diamond prices remain high.
The story is quoted as saying:
The main PolishedPrices index finished the week 0.8 percent lower, opening at 131.4 points on Monday. The overall index starts the New Year 15.0 percent aboveits starting level for 2010, and is 23.9 percent above the low of April 2009.
4 responses to “Diamond Prices remain close to year highs”
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Yeah, I first read about this in an article called ‘Bernanke Murders Gold and Silver’ (http://www.dailysilvernews.com/bernanke-murders-gold-and-silver/233/). That article states:
Based on this [Bernanke’s] testimony, gold and silver were murdered. The supposed reason? – We are told that traders were expecting QE3
to be imminent and were disappointed because the usually dovish
Bernanke did not sound quite as dovish as before. Thus the metals were
hammered mercilessly lower.
Excuse me – but as a trader who watches these markets each and every
day for more hours than I would prefer anymore, I have not seen any
analyst explain the reason for the heretofore rally in the metals as
traders EXPECTING AN IMMINENT QE3 program to launch.
Yeah, I first read about this in an article called ‘Bernanke Murders Gold and Silver’ (http://www.dailysilvernews.com/bernanke-murders-gold-and-silver/233/). That article states:
Based on this [Bernanke’s] testimony, gold and silver were murdered. The supposed reason? – We are told that traders were expecting QE3
to be imminent and were disappointed because the usually dovish
Bernanke did not sound quite as dovish as before. Thus the metals were
hammered mercilessly lower.
Excuse me – but as a trader who watches these markets each and every
day for more hours than I would prefer anymore, I have not seen any
analyst explain the reason for the heretofore rally in the metals as
traders EXPECTING AN IMMINENT QE3 program to launch.
Bernanke might be able to temporarily dampen silvers fire but the silver raging flames will burn fiat money to the ground
Bernanke might be able to temporarily dampen silvers fire but the silver raging flames will burn fiat money to the ground