LATEST NEWS: The Beginning Of The End Of Precious Metals Manipulation: The London Silver Fix Is Officially Dead

Following a crackdown on precious metal manipulation by various European regulators (mostly Germany’s BaFin, recall “Precious Metals Manipulation Worse Than Libor Scandal, German Regulator Says [7]“), which led to the shocking outcome that Deutsche Bank would pull out of the London gold and silver fixing committees, the London Silver Market Fixing company ended up with a […]

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LATEST NEWS : 2 Banking Giants Implore U.S. Authorities to Go Easy

Two of the world’s biggest banks, facing the threat of criminal charges, are mounting final bids for leniency. To avoid the fallout from pleading guilty — no giant bank has done so in more than two decades — BNP Paribas and Credit Suisse made last-ditch appeals to prosecutors and regulators in recent weeks, according to people briefed on the talks. […]

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LATEST NEWS : Gold trading tight, strong move ahead – Phillips

Gold Today – The gold price closed at $1,288.70 down only $0.50 on Friday, in New York. In Asia and London the gold price hovered around $1,289 and $1,290. The gold Fixing was set at $1,292.75 up $3.75 and in the euro at €938.953 up €5.707 while the euro stood at $1.3768 weaker by half a […]

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LATEST NEWS : Understanding Hyperinflation

About a year ago, we began to advise those internationalising themselves that the time had arrived at which they might consider divesting themselves of currencies—that holding bank notes may soon become a risky business. Whilst we stressed that the danger of loss of wealth due to the holding of bank notes was not imminent, it […]

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LATEST NEWS : Silver Prices to Double from Here?

Is silver presenting an even greater investment opportunity than gold bullion? It’s been well documented in these pages that demand for gold bullion is increasing and supply is declining due to lower prices. The silver market is going through the exact same thing. continue reading at profitconfidential.com

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LATEST NEWS : Xi Says China Must Adapt to ‘New Normal’ of Slower Growth

Chinese President Xi Jinping said the nation needs to adapt to a “new normal” in the pace of economic growth and remain “cool-minded” amid a slowdown that analysts forecast will lead to the weakest expansion since 1990. continue reading at bloomberg.com

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LATEST NEWS : Sprott – It Is Possible That We Will See $400 – $1,000 Silver

Today billionaire Eric Sprott spoke with King World News about whether or not it is possible to see the price of silver reach the astonishing levels of between $400 to $1,000 an ounce.  The Canadian billionaire also discussed the gold market and the day that China buys gold but can’t get delivery.  Below is what […]

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LATEST NEWS : Japanese Dump Most Euro Bonds on Record Amid Ukraine Tension

March, Ministry of Finance data showed today. Money managers in Japan made net sales of 1.96 trillion yen ($19.2 billion), capping four months of reductions, the Tokyo-based Ministry of Finance said today. That’s the longest stretch of sales since the 10 months ended December 2011, during the euro region’s sovereign-debt crisis. Last year, Japanese investors bought a […]

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LATEST NEWS : Europe Deflation Risk Seen by 74% in Global Investor Poll

Financial professionals are optimistic about the global economy, just not as fervent about it as they were at the start of the year. That’s the message from the latest Bloomberg Markets Global Investor Poll, which shows concern about risks ranging from the turmoil in Ukraine to the threat of deflation in Europe. continue reading at bloomberg.com

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GFL COMMUNITY: The Plan To Put Meditation In Schools

THIS BLOG POST IS INTENDED FOR COMMUNITY MEMBERS ONLY I trust you’re having a great start to the weekend… I want to talk to you about something very exciting… It may be the perfect road for some, it may be uncomfortable for others, but I’m going to make this suggestion as it’s had such a […]

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