The gold price correction is still recovering after he suffered late last week, going back to $ 1,810 per ounce, while silver prices again flirt with the $ 40 per ounce.
The euro crisis continues to unfold unsurprisingly, after the Franco-German proposal will result in a stronger fiscal union between the countries of the eurozone. At the same time, the Swiss monetary authorities, concerned at the strength of the Swiss franc, are considering measures to devalue its currency.
Unfortunately, this attitude of "unit to print" and competitive devaluations have a negative side effect: the currency ceases to transmit reliable and easily understandable information about the value of goods and services. While the free fall speeds, and we have no clear reference point to which we stick to measure the speed, and suffer from money illusion. On the contrary, central banks obviously can not print gold and silver - the main reason that demand for these metals are shooting.
The agenda of today set in the U.S., jobless claims, leading indicators, sales of home built and above all, the very important report on inflation. Today we could also have a statement of Dudley, the Fed
