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Markets

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Greek Democracy Could Be Costly

Nov 03, 2011 at 15:38

When the news broke earlier this week that Greek prime minister George Papandreou would seek a popular referendum on the bailout deal that had been so torturously negotiated over the…

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The Sinking Euro

Nov 03, 2011 at 13:33

Not surprisingly the Euro is almost a mirror of the US$. The Euro makes up 57% of the US$ Index. Quite simply if the Euro goes up the US$ goes…

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New International Report Shreds Japan's Carefully Constructed Fukushima Scenario

Nov 03, 2011 at 13:07

Japan's six reactor Fukushima Daichi nuclear complex has inadvertently become the world's bell-weather poster child for the inherent risks of nuclear power ever since the 11 March Tohoku offshore earthquake…

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Eurozone's Waterloo; Papandreou Forced to Cancel Referendum...

Nov 03, 2011 at 12:11

We will not get to see the precise wording of Prime Minister George Papandreou's referendum because enough cowards in the Greek parliament in conjunction with blackmail by Merkel and Sarkozy…

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Economic Insights from a Lord of Finance

Nov 03, 2011 at 12:02

Of all the social memes related to the economic and investment landscape, none is more dominant than that there is a small cadre of powerful Wall Street money men who,…

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An Investment Whose Time Has Passed

Nov 03, 2011 at 11:55

Money market funds began as a bright and useful idea, became a habit, and recently have become a bad habit. Money market funds were invented in 1971 as an innovative…

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Islands In The Sea

Nov 03, 2011 at 07:19

An island is created when you have a gap up in one direction followed by a gap in the other direction. Wednesday's gap lower followed by today's gap higher created…

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Greece and the Gold and Silver ETF Hedge

Nov 03, 2011 at 07:17

I can't be the only person that finds it a bit ironic that the fate of the global economy rests on the decision of whether or not Greece remains a…

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Low QE2 Volume and Inside Day Point To More Downside

Nov 03, 2011 at 05:17

While QE-friendly ETFs were lifted with the market's tide on Wednesday, many of them experienced gains on low volume. The table below shows some of the biggest gainers in the…

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US Dollar Showing Signs of Strength

Nov 03, 2011 at 05:12

This chart will be making US Treasury nervous, after years of saying they want a strong dollar, it seems we are on the verge of more strength in the dollar.…