Red-Hot Resources

"Luck is not chance, it’s toil; fortune’s expensive smile is earned.”

Monday, February 04, 2008

Monday Is Chart Day

Gold Increases in Asia as Negative Real Interest Rates in U.S. Spur Demand Gold rose in Asia after the biggest decline in 11 weeks as negative real interest rates in the U.S. increased demand for the metal as an alternative investment.

Bernanke Ease Makes Bulls Out of Dollar Bears Anticipating Surging Growth Ben S. Bernanke's decision to lower interest rates 1.25 percentage points last month will end the dollar's two-year slide, according to the world's biggest currency traders.

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