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Economics Myths
Our original intention was to explain where we agreed and disagreed with the article by Cullen Roche at “Pragmatic Capitalism” (is there any other kind of capitalism?) titled “The Biggest Myths in Economics”.
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Our original intention was to explain where we agreed and disagreed with the article by Cullen Roche at “Pragmatic Capitalism” (is there any other kind of capitalism?) titled “The Biggest Myths in Economics”.
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The China Gold Association this week released estimates for China’s “gold consumption” for 2013 at 1,176 tonnes.
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Gold has now rallied over 10% since December 31. This, in the words of one analyst who achieved widespread publicity was meant to be “a slam-dunk sell”.
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While majority of the traders and the financial media is focused on the US stock market, stuck in a argument between whether the recent correction is finished or not, the real action is….
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Tiho Brkan provides plenty of charts for you to decide….
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The U.S. dollar remains mixed against major currencies after Federal Reserve Chair Janet Yellen signaled that recent soft economic data haven’t swayed the central bank from a strategy of trimming its monthly bond purchases by $10 billion at each of its policy meetings this year.
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Since Monday financial markets have consolidated following the emerging market currency shocks of the previous week.
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In the past years, the Federal Reserve dropped many inflationary bombs on the markets.
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We discussed the state of the precious metals markets in these three interviews….
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The second tapering reduction, a further $10bn per month, was announced this week. It was we are told by the news channels fully expected.