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Markets

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The Government's New Plan for Retirees Includes Pink Slime, Horse Meat and Horse Hockey Investments

Mar 13, 2012 at 11:37

Years ago we were more entertained by our government's actions because we were younger then and not threatened so much by their policy decisions. But now as we approach retirement…

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Making 9 Million Jobless 'Vanish': How The Government Manipulates Unemployment Statistics

Mar 13, 2012 at 10:21

When we look at broad measures of jobs and population, then the beginning of 2012 was one of the worst months in US history, with a total of 2.3 million…

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Central Banks Beat Up on Private Creditors

Mar 13, 2012 at 10:05

Last week the Greek government, with the heavy handed support of its larger friends in the Eurozone, succeeded in coercing some 85.8 percent of private sector bondholders to "voluntarily" exchange…

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FOMC and Stochastics: Gold's Friends?

Mar 13, 2012 at 09:13

Today is "FOMC day". Every six weeks or so, the US central bank's open market committee meets. They issue their views and policies for both the markets and the economy.…

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Eurozone Crisis: Hope for the Best, Plan for the Worst

Mar 13, 2012 at 08:50

When Greece's woes first rattled the markets two years ago, the pundits predicted a collapse of the euro. The resilience of the euro has been due to a number of…

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A Need for Updated Gold Stock Indices

Mar 13, 2012 at 08:37

The underperformance of gold stocks was a hot topic at PDAC and continues to dominate discussion in industry circles. As to why the sector is underperforming, we hear numerous reasons.…

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Third Close in Positive Territory

Mar 13, 2012 at 07:17

Our key indexes closed in positive territory on Monday (3rd consecutive day), confirming the view we expressed during the week-end that the next upleg will probably occur this week.

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Daily Analysis

Mar 13, 2012 at 06:52

I have discussed several times the technical reasons that in my opinion are suggesting that the wave (4) should have carried out a larger EWP correction, but the fact of…

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GBP/USD Support Breached

Mar 13, 2012 at 06:26

GBP/USD extended the pullback from 1.5834 to breach the 1.5645 support level but early signs of basing are noted.

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A New Twist on 'Operation Twist'

Mar 12, 2012 at 19:46

Just when we think that Bernanke has exhausted his ability to come up with harebrained schemes to distort prices, he proves us wrong. Last week it was reported that the…