Gold coin sales increase by 400% on debt fears
Sales of gold coins have soared by 400% so far this year compared with 2009, according to the Royal Mint. With the price of gold hitting record levels, the Mint says commemorative coins are in strong demand. Sales of silver coins have also risen, though by a comparatively modest 20%. “In these days of economic [...]
November 23, 2010
Tags: Bank of England, Credit Crunch, Gold, recession, sovereign debt Posted in: Credit Crunch, Debt Management, Gold, Uncategorized 
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Gold rises above $1,000 an ounce
Gold prices on Tuesday hit a fresh six month high above $1,000 a troy ounce, as investors continued to worry about the re-emergence of inflation. Traders said that the bulk of the buying came after a confluence of bullish chart signals triggered speculative flows into the precious metal. In early morning trading in London, spot [...]
September 8, 2009
Tags: consolidate debt loans, falling interest rates, Gold, Interest Rates Posted in: Uncategorized No Comments
UK buoyed with positive house price data
Lots of positives in the global markets this morning. Firstly we have seen the Nationwide House price index survey show a surprise bounce as the average house price rose 1.2% in May- this is the strongest monthly gain for 19 months. Although this is a good indicator that the severe downturn in the property market [...]
May 29, 2009
Tags: Credit Crunch, Gold, home loans, mortgage calculator, Oil, recession Posted in: Uncategorized No Comments
Well the Good News is that there is no news.
Because of the Martin Luther King Day holiday yesterday, there was no US data out and Wall street was not open. Other than that we are struggling for positives. The UK Government’s bail-out plan for Banks – Part II, despite initially being greeted with optimism, soon adopted the role of the mill-stone, dragging equities and [...]
January 20, 2009
Tags: consolidate debt loans, Credit Crunch, Gold, UK loans rates, uk recession Posted in: Uncategorized No Comments
Loan calculators consider UK growth
Interest rates in the UK strengthened on expectations that an inflation report released today will show consumer price in the U.K. held near the highest in 10 years last month. The U.K. currency cancelled out a three-day losing run against the euro following strong data released in the UK yesterday morning, most notable of all [...]
February 13, 2007
Tags: Gold, inflation, Oil, UK loans rates Posted in: Uncategorized No Comments
