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SParikh wrote: This article speaks true to the importance and capitalizing of the cloud. Me having experience dealing with cloud based tech and consulting and integration services, I realize the need for a secure and consistant cloud service. Many people are concerned with the privacy, or lack thereof, that could occur with storing personal documents into a non-physical storage unit. I can see, though with companies such as ours and Metacloud, we are working toward a more secure and easy to use cloud system for both personal and professional use. Spursh Parikh www.sererra.com
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Gold Stocks Down as US Treasuries Commence the Journey of a Lifetime -- City Index UK

LONDON -- (Marketwire) -- 01/29/13 -- City Index UK: The very hint of a possible change in US monetary policy has all other counter currencies moving. The Fed is still far from shifting its accommodative stance but with bond yields approaching unsustainable levels last year and the move on the 10 year note yield above 2% it is the very start of a long upwards journey. We are unsure how long or when the move up will increase in intensity, but gold is the most obvious casualty if the move is quicker and larger than expected.

Read Full Article at cityindex.co.uk: Gold stocks down as US treasuries commence the journey of a lifetime

Gold slipped slightly overnight and was last trading at around US$1659/oz. It has solid support when tested at its 200 moving average, but does also have the propensity to slip suddenly below that level if bond yields elevate quicker and faster than expected. The risk reward ratio between gold equities and the rest of the market is becoming even larger. Not only do gold equities lag when the gold price rallies but they also fall a lot more than the gold price when things go south. Holding gold equities would only yield outperformance if one was expecting the gold price to spike 10%+ in such a short period of time. That is not completely out of the question, but seems more unlikely if US 10 year bond yields continue creeping higher. Read more

About City Index:

City Index is one of the world leaders in spread betting and CFD trading. Established in the UK in 1983 we have grown to become leading providers of contracts for difference, Forex and spread betting over the past 29 years.

Foreign exchange, commonly known as 'Forex' or 'FX', is the exchange of one currency for another at an agreed exchange price on the over-the-counter (OTC) market. Forex is the world's most traded market, with an average turnover in excess of US$4 trillion per day.

Your losses are magnified in exactly the same way as your gains if the market moves against you and can result in losses exceeding your initial outlay. Please ensure you fully understand the risks involved.

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