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05.23.11 | Comments Off on Chenglong International: BoE Cautiously Leaves Rates Unchanged.
Chenglong International — De facto stagflation prevents Bank of England raising interest rates. “Chenglong International”: The Bank of England has resisted calls for rate increases by keeping its benchmark interest rate at a record low as the economic recovery in the UK loses momentum. Policy makers on the Monetary Policy Committee (MPC) have focused their […]
Chenglong International: Rumors surrounding the end of silver’s bull run are greatly exaggerated. Chenglong International say the rout of the silver market in recent days represent s nothing more than profit taking on large speculative positions. “Investors have to remember that the fundamentals for the metal remain as valid today as they were before the […]
“Chenglong International”: Central bank diversification away from paper currencies continue. “Chenglong International” senior analysts have told clients that gold ownership has received further and ongoing validation after it was revealed that the central banks of Mexico, Russia and Thailand added gold worth $6 billion at current prices to their reserves in February and March. “If […]