LATEST NEWS: Wall Street drops on global demand concerns

U.S. stocks were sharply lower on Tuesday on concerns about the impact of lower oil prices on the global economy and the effect of political turmoil in Greece on the euro zone. Brent crude LCOc1 touched a fresh five-year low of $65.29 on Tuesday and was last down 0.3 percent to $65.97. Oil prices have […]

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LATEST NEWS: Japan’s Recession Deepens as Election Looms for Abe: Economy

Japan’s recession was deeper than initially estimated as company investment unexpectedly shrank, a blow to Prime Minister Shinzo Abe as he campaigns for re-election on his economic credentials. The economy contracted an annualized 1.9 percent in the July to September period from the previous quarter, weaker than the 1.6 percent drop reported inpreliminary data. The […]

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LATEST NEWS: Gold Bulls Return as Wagers on Stimulus Accumulate: Commodities

Speculators boosted bullish gold bets to a three-month high on signs central banks will act to counter low inflation, reviving the allure of bullion as a hedge. The net-long position in New Yorkfutures and options climbed for a third week, the longest expansion since July, government data show. Short holdings fell to a 14-week low. […]

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LATEST NEWS:Gold Rises as Rally in Crude Oil Spurs Investor Demand for Metal

Gold climbed as higher energy prices damped concern that inflation will remain low and revived demand for the precious metal as a store of value. Crude futures in New York advanced for the second time in three days. The correlation between gold and oil rose close to 0.4 today, the strongest link since July 2013. […]

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LATEST NEWS:Jeffrey Nichols: paper gold bears losing grip on price

After Monday’s white knuckle ride when gold’s highs and lows were nearly $80 an ounce apart, relative calm has now returned to the market with the price consolidating above $1,200 an ounce level on Thursday. continue reading at mining.com

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LATEST NEWS: UAE central bank chief says to keep currency peg to dollar

The United Arab Emirates will keep its currency peg to the U.S. dollar and media reports that the currency regime is under study are not true, the central bank governor was quoted as saying by state news agency WAM. continue reading at reuters.com

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LATEST NEWS: Russia launches ‘wartime government’ HQ in major military upgrade

Russia is launching a new national defense facility, which is meant to monitor threats to national security in peacetime, but would take control of the entire country in case of war. continue reading at rt.com 

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LATEST NEWS: China holds the gold price key

Those gold bug optimists who reckoned the likely Swiss Gold referendum ‘No’ vote had already been discounted by the markets were initially proven wrong. With some forlorn gold hopes hanging on for a surprise ‘Yes’ vote, the result was going to produce a knee-jerk reaction downwards as it will have perhaps prompted more selling from […]

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LATEST NEWS: Fears that ‘dangerous’ Switzerland referendum could spark gold rush

The Swiss like referendums: there were 11 last year and there have been nine more this year, on subjects ranging from who pays for abortions to whether the state should buy a certain type of new fighter aircraft. This Sunday there are three more, but one has attracted more attention than most – because there […]

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Fast Track E-Course Part 4 – My favourite method of buying…

This is Part 4 of a 4 Part mini e-course. Click here for Part 1 Click here for Part 2 Click here for Part 3 Part 4: Yesterday we discussed 3 major risks with Gold & Silver and discussed 3 crucial “mindset shifts” you need to make in order to really profit from this! Today […]

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