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Yuan at 17 year high
Japan and China will promote direct trading of yen and Yuan without using dollars and will encourage the development of a market for companies involved in the exchanges…

Despite prices rising 338%, global gold demand in 2010 was like the decade-long bull run hadn’t got started… WESTERN SAVERS hoping to defend their standard of living as global incomes converge take note. Ten, even five years ago, precious-metals analysts thought rising incomes in Asia would see gold substituted for financial services or consumer goods. [...]

The gold price kicked off this year with a fall. It dropped from $1422 / oz, down to a low of $1318 / oz by late January. This was a fall of just 7.3%, but still this gave all the gold bears something to rant about for a few weeks: ‘It’s the end of the [...]

If you’re a subscriber to Australian Small-Cap Investigator you’ll know we’ve had a bit of a fetish for rare earths stocks. It lasted for a while, but came to a conclusion late last year when we told readers to sell Lynas Corporation [ASX: LYC] for a 190% gain, and Alkane Resources [ASX: ALK] for a [...]

While we kicked back on Australia Day with tongs in one hand and a stubbie in the other, it also marked the first day of the annual World Economic Forum in Davos, Switzerland. This junket brings together a couple of thousand politicians, business leaders, intellectuals and journalists to jawbone the financial problems of the world [...]

Soft gold prices without hard-money rates? Not for long, says the world’s 40-year unbacked money so far… JUST HOW MUCH ABUSE can soft money take? Two-thousand-and-eleven sees a big, but so far little-noted ruby anniversary. Expect to hear lots more about it as August 15th draws near. Because that day will mark 40 years since [...]

“I think not owning gold is a form of insanity, it may even show unhealthy masochistic tendencies, which might need medical attention.”­ – Robin Griffiths, Cazenove Capital How we wish we’d said that. You can watch the video clip here. Sometimes we have a tendency not to say what we really think. I know that [...]

Why China won’t re-evaluate the Yuan to please America. As 2010 comes to an end we’ve had two themes banging on in the background… Sovereign Debt and China’s undervalued Yuan. And as 2011 rolls in it doesn’t look like either problem will be resolved anytime soon. As central banks continue to lend and governments overspend, [...]

The S&P/ASX200 ended the day higher by 11 points to 4,757.10. The People’s Bank of China (PBOC) decided not to raise interest rates last night, instead sticking with raising the reserve requirements for banks. Volume traded was lighter than normal volume, but the Dow Jones Industrial Average still gained 18 points to close at 11,428.36. [...]

On Friday the S&P/ASX 200 ended only 4 points higher to 4,745.90. The market was fairly subdued ahead of China releasing inflation figures and a possible interest rate move. Data that will heat up the currency debate again between China and the U.S. was released early Friday afternoon. China’s trade surplus dropped slightly to AUD$23.92 [...]