Alan’s Money Blog

Wow, I am a bit surprised at how well my GalleonFX Managed Forex Account is doing. As the heading says, my account went up 11% in just 7 days! Needless to say I am quite happy at this moment. Who knows, maybe they will manage to achieve another 75% like back in September. Last month’s […]

Dollar has been extremely weak recently on fear that credit market problems will worsen and force Fed to continue easing. The fall in greenback accelerates today after comments from Cheng Siwei, vice chairman of China’s National People’s Congress, said that China will “readjust” the $1.43 trillion of foreign-exchange reserves, favoring “stronger currencies over weaker ones”, […]

The prices of various metals continue to rise as the dollar falls deeper into the abyss. Well now, if this isn’t a clear sign of massive inflationary pressures, then I don’t know what is. Some experts say the United States economy could even be facing a potential stagflation - that dreaded bogeyman that haunts economists […]

Here is a bit of interesting info for you gold bugs out there.
Surging by more than 25% in the last 12 weeks alone, the Dollar Gold Price has now traded above $800 per ounce for three sessions.
It didn’t even manage that at its all-time top of Jan. 1980.

The famous peak of $850 per ounce – […]

I was quite surprised to hear of this, but nonetheless I’d like to congratulate the GalleonFX crew for achieving this distinction. I hope they keep this performance level up because my account is sure liking it :) Here is a copy of the e-mail they sent out to members:
In the November 2007 Issue of […]