The entire precious metals complex had a stellar run in 2010, led by palladium's 97 percent rise and Silver's 83 percent gain. Gold yielded investors a 29.7 percent profit in 2010, the tenth consecutive annual gain in a row.
Many observers believe the bond bull has run out of steam, although a 'pop' in the bond bubble is probably unlikely.
It's going to be tougher to make money 2011. I expect the government to strike back. I don't think they're going to let commodity prices continue to soar. I'm very concerned about the repercussions of that on investors.
David Rosenberg, chief economist at Gluskin Sheff, said that investors are not being realistic about the likelihood of a major price declines for housing next year.
By keeping interest rates at all-time low levels, the U.S. faces the potential for a second major financial crisis, cautioned David Einhorn, the hedge fund manager.
Bank of Japan's board is concerned about the U.S. Federal Reserve's quantitative easing, as Japan continues to bank on the global economic recovery for its own economic growth, minutes from the policy meeting showed.
Even as people decide to hit the road during the holiday, oil prices have touched a high not seen since October 2008, according to AAA.
China's central bank kept up its rhetoric against inflation and excess liquidity on Friday by saying it will deploy a range of policy tools to head off inflationary pressures and asset bubbles.
The Gold Price in Euros has risen more than 38% so far in 2010. The Gold Price in Swiss Francs has also hit record highs. It looks as if the SNB will have to revoke its decision to stop intervening, says Steven Barrow, chief currency strategist at Standard Bank in London today.
The U.S. and China are not getting along economically. If they don't find a way to work with each other and continue their economic bickering, both will increase military spending to the detriment of their respective economies.
Asian shares edged higher on Thursday with gains led by resource-linked stocks, and oil traded just below the two-year high it hit yesterday on cautious but growing optimism of the health of the world economy.
Resources-linked stocks rose and oil climbed toward the $91 per dollar mark for the first time in more than two years after latest U.S. data offered yet another sign that the world's biggest economy is on the mend.
This is the best time in decades to buy U.S. stocks, according to Elaine Garzarelli, the analyst who became famous by correctly predicting the stock market crash of October 1987.
Existing home sales in the U.S. picked up again in November, after a surprising drop during October, according to a report by the National Association of Realtors.
The final estimate of third quarter U.S. GDP growth was upwardly revised to an annual rate of 2.6 percent, compared to 2.5 percent from the second estimate and 2.0 percent from the first estimate.
Economic evidence today suggests that we don't need QE2, said Nicholas Sargen, chief investment officer at Fort Washington Advisors.
The trade between China and the European Union (EU) is balanced and healthy, according to the Chinese Minister of Commerce Chen Deming.
The Bank of Japan kept monetary policy on hold on Tuesday but warned of weakening factory output and business sentiment, assuring markets that it was focusing on downside risks to growth that may trigger further easing ahead.
South Korea announced on Sunday it will start charging a levy on banks' foreign exchange borrowings, a measure aimed at limiting the chances of capital exiting the economy at a time when military tensions with the North are escalating.
President Obama's tax cut plan, by lowering unemployment and boosting economic growth, may ease the Federal Reserve's pressure to buy Treasuries via its controversial program of quantitative easing.
Economists at Morgan Stanley think Latin American currencies will continue to appreciate in 2011 because of economic growth, interest rate differentials versus the U.S. dollar, and the expected positive performance of commodities.
Precious metals were down in Asian trade on Wednesday, as dollar's gains following Tuesday's FOMC decision to keep the US quantitative easing program uninterrupted weighed on the investment appeal of the commodities.
