Monday, January 11, 2010
The Gold and the financial Markets
The Gold have the ability to mapping the economics map in some countries like the United States and Switzerland, due to fact that those countries have the biggest share of the import and export of gold, the United States is one of the largest consumer of gold. There is a large demand for gold in USA and the interest of this country is to buy the gold in low prices. When the gold prices are rising, U.S. economy slide down and the financial markets fall also the U.S. currency's slide. Switzerland it is considered one of the largest exporters and producers of gold. The Gold has large portion of total Swiss exports and has a larger role in influencing the local economy. There is a direct relationship between the trend of the gold prices and the general trend of the Swiss financial markets, including the Swiss currency
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