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Forex Flash: Sell everything, buy the USD - RBS	19:09 FXstreet - Forex News
FOREX: Ringgit Lower Against US Dollar In Early Trade	19:09 Bernama - Malaysian National News Agency - Markets
UK inflation expected to hold up	19:07 City AM
5 to 10 minutes old www.usagold.com --LIVE NEWS--
Australian dollar softens at noon	19:04 Business Spectator
With Fed's backing, bull market builds up steam	19:03 WA Today - Markets
US jobs, factory data offer hope for economy	19:02 WA Today - Business - World
10 to 15 minutes old www.usagold.com --LIVE NEWS--
Trade deficit blows out to $1b	18:57 The West Australian - Business - National
$A lower as US economic data improves	18:56 WA Today - Business - National
15 to 30 minutes old www.usagold.com --LIVE NEWS--
Great Keppel resort to deliver 'substantial' economic boost	18:54 ABC Online - Business
Thursday: Trade Deficit, Unemployment Claims, Q4 Flow of Funds	18:49 Calculated Risk (Weblog)
Forex: EUR/JPY keeps pressure on 122.20 resistance	18:49 FXstreet - Forex News
Economic adulteration highlighted during horse meat scandal, says Neogen	18:48 Food Production Daily
Eurozone recession deepens	18:45 The Nation - Business
South Korea Retail Sales Likely Rebound in February	18:44 Fox Business - Industries
Copper sinks as investors look toward US jobs data	18:44 Business Spectator
Fed: Boston region’s economy grows ‘slowly’	18:43 Boston Herald
Pick competent people for State boards—Brown	18:40 Trinidad & Tobago Guardian Online - Business
Castle Minerals fortifies Ghana project with 24% upgrade in gold resource	18:40 Proactiveinvestors - Australia
30 minutes to 1 hour old www.usagold.com --LIVE NEWS--
The Dow Floats Ever Higher On A Sea Of Economic Bubbles	18:28 Forbes.com - Investing
China banks convert record forex	18:27 MarketWatch
Caixin Online: China banks convert record forex amount in January	18:26 MarketWatch
Growth seen in economic data	18:20 Milwaukee Journal Sentinel - Business
Trade deficit widens as coal exports fall	18:10 The Age
1 to 2 hours old www.usagold.com --LIVE NEWS--
Bloomberg article: Australia Trade Deficit Widened in January on Lower Coal Exports	18:06 ForexLive.com
Euro Weaker Or Much Weaker Post ECB	18:06 SeekingAlpha - Macro View
Fed says some growth for US economy	18:04 Stuff.co.nz
Australia Trade Deficit Widened in January on Lower Coal Exports	18:04 Bloomberg - Economy
Trade deficit widens, double expectations	18:04 ABC Online - Business
Speculators turn against Canadian dollar	18:02 The Globe and Mail
Slide of the Canadian dollar gains momentum	18:01 The Globe and Mail
GDP Revision Indicates Minimal Economic Growth	18:00 The Street - Markets
Forex: AUD/USD little changed on bad Aus trade deficit	17:59 FXstreet - Forex News
Genting sees red and gold pagodas and a panda exhibit on Las Vegas land	17:58 The Star Online
Muskegon Area First president: First class of Advanced Manufacturing Institute graduating tomorrow is an economic development tool	17:56 Grand Rapids Press, Michigan - Business
Dow surges to record closing high on economy hopes	17:56 South China Morning Post - China Business
Exports drop as trade deficit widens	17:54 Sydney Morning Herald - Business
Regulator sees yuan stable, opposes currency war	17:54 China.org.cn - Markets
NZ dollar slips as US currency strengthens	17:54 Business Spectator
Forex Flash: USD/JPY entering 90-95 consolidation phase - Nomura	17:49 FXstreet - Forex News
Australian dollar falls after trade deficit widens	17:44 Business Spectator
Sovereign Gold to start deep drilling at NSW gold project	17:40 Proactiveinvestors - Australia
Trade deficit widens in January	17:34 The Age
Viewpoint: Be bullish on earnings growth	17:34 Interactive Investor - Pensions
Gold Coin and Bar Sales Argue that the Bull Run is Far From Over, Reports Gold …	17:30 Yahoo! US - Business - Press Releases
Fed Says Modest Growth Spurred by Housing in Economic Survey	17:29 Bloomberg - Markets
We will hold firm on economy - PM	17:29 BBC
Wednesdays oil, gas, gold and zinc prices	17:25 Anchorage Daily News, Alaska - Money
Forex: USD/JPY struggling with the 94.00 round while Nikkei clears 12k mark ahead of BoJ	17:18 FXstreet - Forex News
Forex Flash: ECB to be a non-event; Euro negative at the margin - Societe Generale	17:18 FXstreet - Forex News
ECB to hold line on bond buys, keep rates at 0.75 percent	17:17 The West Australian - Business - World

Perpetual Negative Real Rates Ultimately Bode Well For Gold

by Peter A. Grant

Mar 06, AM
(from USAGOLD.com) --

Gold is maintaining a consolidative tone as the stock market rally continues to play out. While stocks seem to be stealing the show lately, driven largely by the expected continuation of super accommodative Fed policy, the yellow metal continues to hold above key support.

The Bank of Canada held rates steady at 1.0% today, as was widely expected, but they further watered down their longer term tightening bias. The BoC now says "the considerable monetary policy stimulus currently in place will likely remain appropriate for a period of time, after which some modest withdrawal will likely be required." Particularly in light of today's plunge in Canada's Ivy PMI, the prospect of tighter central bank policy is looking increasingly less likely any time soon.

The ECB and BoE are expected to hold steady on rates tomorrow. The ECB is likely to reveal negative revisions to their growth outlook. That would likely get investors speculating once again about an ECB rate cut down the road.

The BoE is unlikely to make any major changes to policy until Carney takes the reigns of the central bank in June, but Bill Gross of PIMCO tweeted the following this morning:

Gross: Rule Britannia? Nah. Maybe the waves once upon a time but their economy is now a lifeboat. Sell the pound – Aggressive QE ahead.

If the BoE does indeed return to aggressive QE under Carney, it would be the latest salvo in the burgeoning currency war.

Easy monetary policy by the world's major central banks has been an important driving force in the stock market over the past four years, but it has been a major driving force in the gold market as well, and there are no real signs that such policies are likely to end soon. As I said, stocks are stealing the show right now, but gold is likely to shine once again. The yellow metal is in fact the ideal hedge against everything seemingly-perpetual negative real interest rates and currency debasement will ultimately lead to.

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Opinions expressed in commentary on the USAGOLD.com website do not constitute an offer to buy or sell, or the solicitation of an offer to buy or sell any precious metals product, nor should they be viewed in any way as investment advice or advice to buy, sell or hold. USAGOLD, Inc. recommends the purchase of physical precious metals for asset preservation purposes, not speculation. Utilization of these opinions for speculative purposes is neither suggested nor advised. Commentary is strictly for educational purposes, and as such USAGOLD does not warrant or guarantee the accuracy, timeliness or completeness of the information found here.

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Perpetual Negative Real Rates Ultimately Bode Well For Gold