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Archive for March, 2008

A $1000 “no confidence” vote

“A soaring gold price is a vote of ‘no confidence’ in the central bank and the dollar. This certainly was the case in 1979 and 1980. Today, gold prices reflect a growing restlessness...

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Posted by Administrator on March 16th, 2008

Category: The Metals Markets

Stocks pop on news of Fed intervention, but PMs still strong

On news that the Fed and other central banks are going to intervene in the sagging US mortgage market, stocks got off to a roaring start today. The Dow Industrials, the most watched stock index in the...

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Posted by Administrator on March 11th, 2008

Category: Money Markets