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DOW JONES October 2009 Rally breaks 10,000 points

dow-jones-chart-14-october-2009

The Dow Jones Index (14 October 2009) rose above 10,000 points for the first time since early October 2008, as US stocks powered higher. Investors cheered at the New York Stock Exchange, as the Dow Jones Industrial Average broke the psychological 10,000 point barrier, finally closing at 10,015.86 points. This is the first time the …

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Posted in Money

Gold, Swiss Francs and the IMF

Gold has recently had a beautiful run up in value, breaking the $US1000 level, as investors seek a safe haven for money in the face of the global meltdown. The Swiss Franc (CHF) has a money to gold ratio of 43%, and by some forecasts will be the currency of choice to weather the current …

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Posted in Money