Tag Archives: gbp

Gold hits record high in GBP; as Treasury borrowing hits record April

Stacy Summary: As you know, since 2005 when gold was under 250 pounds an ounce, we have been encouraging the listeners of our Truth About Markets show in London to buy gold to protect themselves from the very same economic chaos that is now being blamed for causing gold to rise. Today told has just hit 944 pounds.  (You can go to Archive dot org for the archives ; or here is a torrent of shows going back to 2006)

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Is GBP being hammered in response to investigation into Goldman? Don’t Bet on It

Stacy Summary:  There’s a war on.

Wow, down 1.5% 1.77% already. This is a pretty serious hammering.

From MaxKeiser.com Images

Business Insider argues that a merely threatened Goldman investigation by the totally toothless joke of a regulatory body, the Financial Services Authority (FSA) could do that to the pound. I think this chart explains the pounds miserable fortunes this morning:

From MaxKeiser.com Images
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