LATEST NEWS : EU reaches preliminary deal on Russia economic sanctions

European Union ambassadors reached a preliminary agreement on Friday to push ahead with hard-hitting economic sanctions against Russia over the Ukraine crisis but details remained to be worked out, diplomats said. The 28-nation EU has toughened its stance towards Moscow since last week’s downing of a Malaysian airliner in an area of eastern Ukraine held by Russian-backed […]

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LATEST NEWS : Rich French Fleeing Hollande Taxes Find Haven in Portugal

Lisbon real estate agent Paulo Silva says Portugal’s property market has a Frenchman to thank. Francois Hollande, that is. “The French president’s taxes are prompting many to flee their country,” Silva, who heads real estate agency Aguirre Newman, said in an interview. “Many of these wealthy French are coming to Portugal to take advantage of a […]

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LATEST NEWS : Atlantic City’s Credit Rating Cut 2 Steps to Junk by Moody’s

Atlantic City, New Jersey, the gambling hub that’s been pummeled by regional competition in the U.S. Northeast, had its credit rating cut two levels to speculative grade by Moody’s Investors Service. The reduction to Ba1 from Baa2 on the city’s $245 million of general-obligation debt reflects a weakened tax base resulting from anticipated casino closings, the New York-based […]

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LATEST NEWS : COMEX Producer/Merchants in Gold, View from 30,000 Feet an Eye Opener

One of our longtime members, who, because of the firm he works for (as a senior officer), has to remain anonymous, checked in to make an observation about the large trader positioning and we thought it worthy of sharing with the entire readership. continue reading at news.goldseek.com

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LATEST NEWS : China secures Venezulan oil and gold deals, as President visits L.America

Chinese President Xi Jinping has signed a row of oil and mineral deals with Venezuela. The Chinese leader is on a four-country tour of Latin America aimed to increasing influence in the region. The 38 economic agreements are related to the production and development of Venezuelan oil and agriculture, as well as social and cultural […]

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LATEST NEWS : Escalating Ukraine crisis could blow gold sky high

Far from coming to an end the Ukraine crisis could be far from over and as the West and Russia are embroiled in accusation and counter-accusation over the downing of Malaysia Airlines Flight MH17, the potential for escalation is perhaps getting more serious by the day.  It has brought a safe-haven focus back into the […]

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LATEST NEWS : Commodities: Water should be traded on financial markets to avoid global crisis

Britain, as the rest of the world, is facing a water crisis, leading some experts to predict that by the end of the decade H2O will be traded on financial markets like other finite commodities such as crude oil, or iron ore. Although the Environment Agency says the past six months have been the wettest […]

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LATEST NEWS : The Only Thing I Can Find to “Buy Low” These Days

The tally as of this morning: The stock market is up 2.4% so far in 2014 as measured by the Dow Jones Industrial Average, while gold bullion is up 8.1% for the year. “As an investor, do I get into gold or stocks at this point in the year?” continue reading at profitconfidential.com

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LATEST NEWS : Three Reasons to Buy Silver Today

Silver investors: our time has finally come… A perfect storm is emerging in the silver market this week. Between the stock market teetering on the edge of a correction, the global turmoil gripping damn near every region in the world, and the announcement of a more transparent “silver price fix”, silver has nowhere to go […]

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LATEST NEWS : The dollar's 70-year dominance is coming to an end

In early July 1944, delegates from 44 countries gathered at the Mount Washington Hotel in Bretton Woods, New Hampshire. A three-week summit took place, at which a new system was agreed to regulate the international monetary and financial order after the Second World War. continue reading at telegraph.co.uk

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