Silver's Rally Could Mean Another 1,000% Run

Let’s face it, 2013 was rough on silver. The precious metal started out the year at $31, and ended at $19.50, continuing an overall slump dating back roughly to mid-2011. That, however, obscures a massive run, like gold, that silver embarked on in 2001 when it was near $4, eventually topping out around $49 in […]

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I’ve never bought gold before – but I’m buying it now

I’m 46 years old, and I’m about to invest in gold for the first time in my life. You see, unlike most MoneyWeek writers, I’ve always been a big sceptic when it came to gold. I’ve struggled to understand why people ascribe so much value to the metal. Apart from jewellery, it has virtually no […]

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World currencies are falling fast, but the IMF says there’s no reason to panic

A rush for the exits is underway in some world markets: Currencies from Brazil to India have been dropping fast. Growth in countries that were once the shining stars of the world economy is no longer taken for granted. And political crises in Ukraine, Thailand and elsewhere have cast doubt on the readiness of politicians […]

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Gold pushes higher as global equities fall

NEW YORK (MarketWatch) — A global equity rout on Friday provided a lift for gold futures, which posted modest gains as investors looked for havens, leaving the yellow metal on track for a monthly gain. continue reading at marketwatch.com

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Analysis: Only time will define Bernanke's crisis-era legacy at Fed

(Reuters) – Ben Bernanke did not hesitate when asked whether he was confident that his signature response to the Great Recession would work. “Well, the problem with QE is that it works in practice but it doesn’t work in theory,” the head of the U.S. Federal Reserve quipped earlier this month during his last public […]

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How Much Inflation is Really Out There?

Yesterday, we reported on the latest money woes in Argentina. Today, we turn back to the US. The Dow caught a bid yesterday, with a 90-point rise, bringing it to rest at 15,928. That’s 15,017 points higher than the low it hit in 1981, just after Ronald Reagan was elected. In 1982, US stocks began […]

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Zimbabwe Adds Yuan to Rupee as Local Currency Revival Rejected

Zimbabwe’s central bank added the Australian dollar, Chinese yuan, Japanese yen and Indian rupee to currencies allowed for trading, while ruling out reviving the Zimbabwean dollar outlawed five years ago. Zimbabweans, who already use the U.S. dollar, South African rand, British pound and Botswana pula, will continue to bank in those currencies, acting central bank […]

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US Congress to cut food stamps by $9 billion

The cuts to the program, which will affect nearly a million households over the next decade, are part of multi-year farm bill which sets spending levels for federal agriculture and food policy. The giant piece of legislation is expected to get a vote in the House of Representatives on Wednesday, after which it will be […]

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32 Statistics That Obama Neglected To Mention During The State Of The Union Address

Show this article to anyone that believes that the economy has actually improved under Barack Obama.  On Tuesday evening, Barack Obama once again attempted to convince all of us that things have gotten better while he has been in the White House.  He quoted a few figures, used some flowery language and made a whole […]

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Wisdom Wednesday’s – Lesson #4 – When You Get "In" Isn't That Important, Neither Is When You Get Out

What I’ve found after 7 years, now in my 8th, of helping investors is that the people that don’t make money are generally more worried about getting “in” or “out” at the “right” time, than about how they’re going to make money. The truth is, neither are actually that important. In this short lesson I’m […]

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