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Markets

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Who's Fool?

May 31, 2011 at 18:37

Legislation to modify debit-card interchange fees cannot compete with celebrity gossip. Yet ... The Huffington Post explained: "A full 118 ex-government officials and aides are currently registered to lobby on…

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Finding Equilibrium

May 31, 2011 at 18:35

William Phillips was many things before he became an economist. The man behind the Phillips Curve was a dairy farmer, crocodile hunter, cinema manager, electrical engineer, member of the Royal…

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The Sound Of Something Bad Not Happening...Yet

May 31, 2011 at 17:34

Last week, I discussed the fact that markets were behaving as if they were waiting for something bad to not happen. I suggested that having something not happen is inherently…

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Gold and Silver Shares Retest of 2010 Breakout Almost Complete

May 31, 2011 at 17:01

At the start of the year we wrote about what we could expect from the gold stocks and juniors over the first half of the year. All of these markets…

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Gold and Silver - Analysis and Strategy No.40

May 31, 2011 at 16:50

The gold price reached a new all time high of almost US$1,575 on May 2nd. This was followed by a brief and violent correction that stopped just above the 50-day…

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EU - A Flawed Foundation, But Brilliant Strategy?

May 31, 2011 at 16:17

It was the perception of getting something of value without any meaningful sacrifice that initially fostered the EU Monetary Union. Though the countries of Europe were fiercely nationalistic they were…

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A Must Read: Fiat Currency or Gold?

May 31, 2011 at 10:14

If you follow the price of physical gold then I recommend - in the strongest of terms - that you read Another Volcker Moment at Hand? An Appraisal of $1500…

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TV Censorship in China; Reflections on the Yuan as a Global Reserve Currency; Hype Sells

May 31, 2011 at 10:05

An interesting article in the Financial Times got me thinking once again about the popular notion that the Yuan is about to replace the dollar as the global reserve currency.

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Tit For Tat: Key Gold Valuation Metrics

May 31, 2011 at 09:59

Tit for tat. The English call that "equivalent retaliation". If you are stubborn as a mule, you have to expect to take some knocks in life. If you insist on…

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The Economist's Perfectly Useless Gold

May 31, 2011 at 09:50

Would you - or China - rather own gold 8 years from now, or US Treasury bonds...? On the letters' page of The Economist last week, Nils Sandberg from Cambridge…