IMF warns Fed could worsen markets rout

“The currency and equity rout across emerging markets over recent days is in danger of escalating as the US Federal Reserve turns off the spigot of global dollar liquidity, the International Monetary Fund has warned. Christine Lagarde, the IMF’s managing director, said spill-over effects from Fed bond tapering could destabilize vulnerable countries that have failed […]

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Why I Can’t Help But Be Bullish on Gold Bullion Prices

“Michael Lombardi writes: Gold bullion prices started their run-up way back in 2000, when the commodity was trading around $300.00 an ounce. From there, it took the precious metal 12 years to break above $1,900 an ounce—an unprecedented move. When an investment, such as gold bullion, rises 500%, a pullback in the “advance” is quite […]

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