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Gold not to lose luster; could hit $2,000 by end-2012

posted by sassygirl 417 days ago in Gold made popular 417 days ago

Gold prices will keep rising over the next two years to hit $1,600 per ounce by the end of 2011 and $2,000 by end of 2012, as fresh shocks to the global financial system are expected, an analyst has said.

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Cowabunga System Daily Update: Thursday, 12/16/2010

posted by sassygirl 422 days ago in Technical, Fundamental, Daily made popular 421 days ago

Unfortunately we weren't able to get any pips today as the Cowabunga system did not produce any signals. See how it all went down in today's Cowabunga Surf Report.

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Fed To Purchase An Additional $600 Billion In Securities

posted by sassygirl 465 days ago in USD made popular 465 days ago

The Federal Reserve has pledged to buy $600 billion more in government bonds by the middle of next year in an effort to jump start the floundering US economy.

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Europe Inflation Unexpectedly Quickens to 1.9%

posted by sassygirl 470 days ago in EUR, Inflation, Employment

European inflation unexpectedly accelerated to the fastest in almost two years and unemployment was at a 12-year high as the recovery showed signs of losing momentum.

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Jobless claims rise in surprise

posted by sassygirl 484 days ago in USD, Employment made popular 484 days ago

Companies are buying more foreign-made semiconductors and cars as they invest in equipment and build stockpiles while keeping a tight rein on payrolls, reports show.

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Canadian dollar nears parity again, and this time it could s

posted by sassygirl 486 days ago in CAD made popular 485 days ago

The Canadian dollar is back knocking on parity's door and this time it looks like it means to break through.

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US economy loses speed

posted by sassygirl 498 days ago in USD made popular 498 days ago

The nation's economic growth tailed off sharply in the spring and probably isn't faring any better now.

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European Officials: "Oh please oh please oh please oh please

posted by sassygirl 499 days ago in Technical, Fundamental, Daily made popular 499 days ago

Really, that’s what this Eurozone fiasco has morphed into – quiet desperation. Officials -- whether those heading up Eurozone member countries, the IMF, the EU or the ECB -- are all holding their breath and hoping that something they do, some of

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German business confidence posts surprise increase

posted by sassygirl 505 days ago in EUR

German business confidence posted a surprise increase in September, despite signs that global economic growth is flagging, a key survey released Friday showed.

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Gold: Good Investment in Inflation and Deflation?

posted by sassygirl 512 days ago in Gold, Inflation

Investors usually back off and say "wait a minute, that can't be" when an analyst or strategist says that gold is the investment of choice both in periods of inflation and in periods of deflation, or dismiss them as being "gold bugs". Yet that is

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RBA's next rate hike looming closer

posted by sassygirl 512 days ago in AUD

If, as seems likely, the RBA is going to start raising the cash rate in the next few months, then it may as well get cracking.

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Australia moving closer to China: RBA

posted by sassygirl 513 days ago in USD, AUD made popular 513 days ago

Australia's economic strength is no longer marching in step with the US economy and is instead increasingly reliant on China, the Reserve Bank of Australia says.

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