Gold enters the early stages of a parabolic upswing
Observers are dumbfounded by the strength of the gold price last week, with a new record high of $1,876 but many are very keen to jump in to predict it will not last. Even some…
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The next recession has almost certainly already started, sell stocks!
Recessions are not usually announced until well after they have started as you first have to have two quarters of falling GDP. It is therefore likely that either the very low or near zero growth…
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Mike Maloney sees $20,000 gold as gold hits $1,868 an ounce
Author Mike Maloney is one of the most persuasive and articulate of the modern gold bugs. In this video he reviews the powerful case for gold prices of up to $20,000 an ounce.
This is…
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What is the endgame for this autumn in financial markets?
Having just finished reading through the excellent ‘Endgame: the end of the debt supercycle and how it changes everything’ by John Mauldin and Jonathan Tepper it is interesting to immediately apply its conclusions to the…
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Secret deal on letting Greece go bust at the Paris summit?
Meetings of European leaders are always more important for what is not said in the final communique than what is said.
What we got yesterday was a rejection of eurobonds – the only viable solution…
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S&P 500 chart shows ominous death cross
Technical analysts are flagging up a major warning signal in the S&P 500 chart with the 50-day moving average crossing the 200-day moving average, a decisive indicator of a market heading downwards (see below).
Does…
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George Soros says euro bonds are the only solution, buy gold and silver
In an insightful interview with the German magazine Der Spiegel this week legendary hedge fund manager and multi-billionaire George Soros explained how he saw euro bonds and an effective German bailout of the entire euro…
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Gulf airlines go for emerging not developed markets for expansion
The rising airlines of the Gulf States – Emirates, Etihad and Qatar Airways – have China, Brazil, Russia, India and Africa at the top of their priority lists for route expansion, and not the developed…
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New 5oz Khalifa bullion coin issued by Dubai as gold trade booms
A five-ounce bullion coin featuring the President of the UAE, His Highness Sheikh Khalifa bin Zayed Al Nahyan has been unveiled by the Dubai Multi Commodities Centre as the importance of gold to the future…
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Japan in recession for a third quarter as US retail sales stagnate
Japan was in a recession even before the March earthquake rattled the blossoming spring cherry trees. The world’s third largest economy, only slightly behind China, saw its GDP shrink by an annualized 1.3 per cent…
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