Where next for the Arab Spring as summer arrives?
June 17th will not just be a key date for the future of the euro with the Greek election on that day, this will also be the day we learn who becomes the next president…
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Could the euro (and gold) rally after Greece exits and at what cost?
It is very hard to find somebody bullish about the euro these days. That is usually a sign of a market bottom, and with all the trades stacked in one direction it only needs something…
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Will silver provide protection against the coming monetary inflation?
Another interesting video from the Silver Shield Report. The impact of inflation on household costs is hardly to be doubted and easy enough to understand. But does owning silver help the average investor protect themselves…
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Armageddon is coming for the US dollar says Peter Schiff as the currency strengthens
Peter Schiff often seems to time his comments to attract the most controversy. With the US dollar riding high on global foreign exchanges this hardly appears the right moment to be talking about its demise.…
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Short selling at a 13-year high in Hong Kong bourse, unlucky for somebody
Short selling, that is betting on a market fall is at a 13-year high in Hong Kong, reported Bloomberg. The ratio of total short selling by value on Hong Kong’s mainboard versus the shares traded…
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Formula One IPO to be more realistically priced than Facebook
Formula One is to list in Singapore at the end of next month if markets allow valuing the world’s second most watched sport at an estimated $10-12 billion. It is a far cry from the…
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Dubai Financial Market in dead cat bounce, when will it next be time to buy?
ArabianMoney editor and publisher Peter Cooper visits the Dubai Financial Market and talks to Sandra Mergulhao from MyDubaiMyCity.com about the outlook for local and global stocks. Right on cue the DFM sold off just after…
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Hold on for eurobonds, JP Morgan and euro money printing to boost gold and silver prices
The pessimism in the precious metals market just has to be at something of a high point. And yet there is an obvious point of release on the horizon. Greece runs out of cash in…
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US home prices to fall another 20% says Gary Shilling
Gary Shilling, president of A. Gary Shilling & Co talks about the outlook for the US housing market. Sales of existing US homes rose in April, driven by broad-based gains in demand. Shilling speaks with…
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Facebook, Greece and Japan drag stocks back down
Fitch cuts Japan’s sovereign ratings over concerns about the country’s growing debt. A sales warning sends Dell shares tumbling in afterhours trade. And Facebook shares are now down more than 18 per cent from their…
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$3,000-4,000 gold within five years reckons London bullion broker Sharps Pixley
A prescient presentation by Ross Norman, CEO of blue-blooded bullion brokers Sharps Pixley. One of the most articulate analysts in the market Mr Norman maintains that there is no sign of a bubble and that…
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World’s tallest tower Tokyo Skytree almost 200 metres shorter than the Burj Khalifa in Dubai
The world’s tallest tower may be twice the height of the Eiffel Tower but it still falls almost 200 metres short of the world’s tallest building, the Burj Khalifa in Dubai that is half-a-kilometre taller…
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UAE Internet access costs to be slashed by half in a major boost to local competitiveness
Etisalat, the UAE’s largest Internet provider is cutting the price of its high-speed broadband Internet packages by up to 50 per cent, according to ArabianBusiness.com. The move will boost UAE competitiveness by comparison to other…
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Dead cat bounce for global stocks as Facebook IPO tanks
Global stock markets managed a classic ‘dead cat bounce’ on Monday after the near panic sell-offs the previous week. But even that was not enough to prevent the massively over-hyped Facebook IPO from falling 11…
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China slowdown gathers pace as global catastrophe looms warns Marc Faber
On a day when the Financial Times is reporting the first defaults on commodity cargoes bound for China, the original Dr Doom, Marc Faber set the scene for the week ahead and warns of a…
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Car sales surge as the regional rich park their money in Dubai
Last year car sales in Dubai exceeded the real estate boom year of 2008. But they are in an even higher gear this year. Ferrari, Jaguar, Ford and LandRover agency Al Tayer Motors reported a…
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