Market Update 18 Jan 2013

Market Update 18 Jan 2013: Stocks, bonds, and currencies (other than Bitcoin) were weaker this week, while commo...

Stocks, bonds, and currencies (other than Bitcoin) were weaker this week, while commodities, with the exception of copper, were higher. Among the government issued currencies, the Japanese Yen was weakest, falling 2.8%, while the Euro was the "least weak", declining only 0.3%. The US Dollar ended 2012 right at its 200 day moving-average, pushed above it in early January – reaching 18.9 mg on Jan 7th, 10.1% above the half-life predicted value – and has since retreated, ending this week at 18.4 mg, down 1.2%, and sitting 7.8% above the half-life curve forecast. Bitcoin , the free-market internet currency, was the strongest asset on the list this week, rising 9.1% to close at 288.8 mg. This is the highest level seen since July 2011, and is higher than any trading period except the 5 weeks in June and July of 2011 when the BTC spiked to 598 mg on June 9th. In the next few mont...

Full article: http://pricedingold.com/2013/01/20/market-update-18-jan-2...