LATEST NEWS : JAPAN ECONOMY STALLS AS INCOMES, SPENDING LANGUISH

TOKYO (AP) — Japan’s vital signs remained weak in July as wages fell further and household spending dropped, signaling continued weakness in the world’s third-largest economy. Data released Friday showed the inflation rate was unchanged from the previous month. The core price consumer index that excludes volatile fresh food prices rose 3.3 percent in July, […]

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LATEST NEWS : Euro Inflation Slows as Draghi Hints at More ECB Stimulus

Euro-area inflation slowed in August and the region’s unemployment rate remained close to a record, increasing pressure on the European Central Bank to take action to kindle the bloc’s faltering recovery. continue reading at bloomberg.com

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LATEST NEWS : Survey: Pessimism on Economy Has Grown Since Recession

Americans are more anxious about the economy now than they were right after the Great Recession ended despite stock market gains, falling unemployment and growth moving closer to full health. Seventy-one percent of Americans say they think the recession exerted a permanent drag on the economy, according to a survey being released Thursday by Rutgers […]

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LATEST NEWS : PRECIOUS-Gold up for third day on softer dollar, geopolitical tension

SINGAPORE, Aug 28 (Reuters) – Gold rose for the third straight day on Thursday as the euro regained strength against the U.S. dollar and tensions between Ukraine and Russia burnished the metal’s safe haven appeal. FUNDAMENTALS * Gold added $1.46 an ounce to $1,283.91 by 0026 GMT, moving away from a two-month low of $1,273.06 […]

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LATEST NEWS : Euro-Area Confidence Falls as Low Inflation Alarms ECB

Euro-area economic confidence fell more than forecast, Spanish consumer prices dropped the most in five years and German unemployment unexpectedly rose in a burst of data backing Mario Draghi’s warning that more stimulus may be needed. continue reading at bloomberg.com

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009: How Big The Deposit Protection Insurance Fund Really Is

In the last episode we discussed the concept of the Deposit Protection schemes and how they work. In this episode I want to pull the curtain back even more and reveal the research we’ve found which shows, to the penny, how much money is actual held in these insurance schemes to protect a bank failure… […]

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LATEST NEWS : Silver and Gold may be leaving the multi-year Twilight Zone

The US Dollar is lower in the early morning with the trade at 82.560,  down 11.9 points from yesterday’s close and way above reality based on our country’s economic conditions,  but as long as there are these super large bailed out institutions that are supported by the central banking black box systems,  the money flows […]

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LATEST NEWS : Russian, Kazakhstan gold reserves rising: IMF

The central banks of Russia and Kazakhstan continued to boost their gold holdings in July, suggesting emerging markets remain committed to bolstering their reserves of the precious metal despite a pullback in its value. Russia, one of the world’s biggest holders of gold, increased its official reserves by nearly 340,000 troy ounces in July, to […]

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LATEST NEWS : Can Mario Draghi save the euro again?

If history has taught us anything, it is that we should pay attention when European Central Bank chief Mario Draghi goes off script. The first time, of course, came when the euro was about to disintegrate in 2012. Back then, speculators were betting that the crisis countries would have to leave the euro zone, which actually […]

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LATEST NEWS : Richard Russell – Current Financial System To Tear Itself Apart

At 90 years old and still going strong, the Godfather of newsletter writers, Richard Russell, warned that the current financial system is going to tear itself apart.  The 60-year market veteran also discussed gold and the U.S. dollar, and warned about a possible stock market crash. continue reading at kingworldnews.com

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