LATEST NEWS : RBS blows whistle on Swiss franc bank cartel

European regulators have fined three banks a combined €94m (£74m) for operating in a price-fixing cartel that included Royal Bank of Scotland (RBS). The taxpayer-backed British bank – along with JP Morgan, UBS and Credit Suisse – was found to have colluded to rig the price of interest rate hedging products, while RBS and JPMorgan […]

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LATEST NEWS : Currency Wars Are Back: 'Export Your Deflation to Someone Else'

Currency wars are back, though this time the goal is to steal inflation, not growth. Brazil Finance Minister Guido Mantegapopularized the term “currency war” in 2010 to describe policies employed at the time by major central banks to boost the competitiveness of their economies through weaker currencies. Now, many see lower exchange rates as a […]

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LATEST NEWS : Gold Bulls Lured Back for First Time in Two Months: Commodities

Speculators added bullish gold bets for the first time in nine weeks as concern that global economic growth is slowing whipsawed equity markets. The gain in the net-long position in New York gold futures and options snapped the longest run of reductions since 2010. Prices rose for a second week as global equities retreated to […]

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LATEST NEWS : Gold Climbs to Five-Week High on Dollar to Rate Outlook

Gold rose to the highest in more than five weeks in New York as traders pushed back estimates for when the U.S. Federal Reserve will raise interest rates and on concern the dollar will weaken. Futures traders put the odds of a U.S. rate increase at 48 percent by October 2015, down from 50 percent […]

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LATEST NEWS : Opinion: Draghi has his back to the wall

Mario Draghi, the European Central Bank president, indicated in September that the latest measures to boost faltering eurozone inflation and get the economy moving again could increase the ECB’s balance sheet up by to €1 trillion. In reality, he doesn’t have full control of the ECB’s arsenal of credit-easing weapons. continue reading at marketwatch.com

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LATEST NEWS : ECB starts buying covered bonds in fight to revive euro zone economy

The European Central Bank has started buying covered bonds, an ECB spokesman said on Monday, opening a new front in its battle to revive the euro zone economy and keep deflation at bay. The ECB has already given banks the opportunity to borrow four-year loans and will also start buying bundled loans or asset-backed securities […]

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LATEST NEWS : Gold Bulls Lured Back for First Time in Two Months: Commodities

Speculators added bullish gold bets for the first time in nine weeks as concern that global economic growth is slowing whipsawed equity markets. The gain in the net-long position in New York gold futures and options snapped the longest run of reductions since 2010. Prices rose for a second week as global equities retreated to […]

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LATEST NEWS : Of All Safe Haven Investments, Gold Reigns Supreme

The Dow is down 3.9% in October, but gold prices have climbed 1.7%. That’s because despite what the mainstream media says, gold is the best of all safe haven investments to own. No asset has had as much history of purchasing power as gold. Fiat currencies are unreliable – they aren’t tied to any asset […]

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Invested in the stock market? Look at this.

In my journey of investing in Gold and Silver, and really investing in general from Real Estate to Stocks and Gold and Silver, anything I do really… I never follow short term technical analysis. If you’ve been following me for a while, you’ll know this. I look at common sense. I think Billionaire Gold and […]

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LATEST NEWS : World braces as deflation tremors hit Eurozone bond markets

Eurozone fears have returned with a vengeance as deepening deflation across Southern Europe and fresh turmoil in Greece set off wild moves on the European bond markets. Yields on 10-year German Bund plummeted to an all-time low on 0.72pc on flight to safety, touching levels never seen before in any major European country in recorded […]

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