LATEST NEWS:Gold ETF Buyers Return as Investors Take Cover From Equities

As a rout in energy prices spreads to global equities, investors are returning to gold to take cover. Assets in the SPDR Gold Trust, the world’s largest exchange-traded product backed by the metal, rose yesterday at the fastest pace since July. The holdings are up almost 1 percent in December, snapping four straight months of […]

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LATEST NEWS: Bank Bail-In Extras Alarm Investors as Danske Eyes Debt

As Denmark’s biggest bank considers what sort of capital might be used to fill a new regulatory buffer, some investors are signaling they’ve reached their saturation point. Danske Bank A/S (DANSKE) said last week it may use a variation of Tier 3 debt to add to a list of reserves that can be wiped out […]

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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: Gold Trades Little Changed as Dollar Falls From Five-Year High

Gold traded steady as the dollar fell from a five-year high, boosting demand for the metal as an alternative investment. The dollar lost as much as 0.2 against a basket of 10 currencies after touching the highest since March 2009. Bullion slid earlier after a government report showed the U.S. economy expanded more than expected, […]

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LATEST NEWS : Gold Wagers Gain as China Rate Reduction Stems Rout

Hedge funds added bullish gold wagers at the fastest pace since June as central bank action from China to Japan and Europehelped stem the rout in prices. The net-long position in New York futures and options expanded 56 percent, U.S. government data show. Short holdings fell to a two-month low and long wagers climbed for […]

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LATEST NEWS: Predictors of ’29 Crash See 65% Chance of 2015 Recession

In 1929, a businessman and economist by the name of Jerome Levy didn’t like what he saw in his analysis of corporate profits. He sold his stocks before the October crash. Almost eight decades later, the consultancy company that bears his name declared “the next recession will be caused by the deflating housing bubble.” By […]

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LATEST NEWS : Japan Is Leading the Global System to Collapse

The Keynesian economists managing or advising the world’s Central Banks have always averred that they could pull us out of the weakest recovery in the post-WWII era if they were allowed to have their way. Their “way” involves rampant debt monetization, also called Quantitative Easing or QE. Indeed, the primary argument from the Keynesians as […]

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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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