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Five Ways to Play Gold’s Rebound to $1,500 an OunceGold hit two historic milestones in 2008. First, in early March, the “yellow metal” hit its all-time high of $1,030 an ounce. Just three months later, the price of gold for December delivery had plummeted to $681 an ounce, a 21-month low and 33.9% drop from its record high. Most go... |
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David Sirota: The Mystifying Persistence of Dear Leader-ismBack in October, I wrote a column about how the economic pressure to compete against foreign autocracies was pushing our political system to subjugate democracy in favor of a kind of czarism - one justified by the need for quick action in international financial markets. That was the theory behin... |
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Inflationary Bailout To Send Gold Soaring In 2009Gold demand increased by 45% from the second quarter to the third. So why are gold prices falling? Mike Caggeso says frantic de-leveraging by hedge funds outweighed record retail demand for the precious metal. But he says the inflationary impact of the government’s bailout bonanza will be ... |
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5 Ways To Profit As Gold Soars To $1,500 In 2009The recent slump in gold prices has puzzled many investors who considered the yellow metal a safe haven. But Mike Caggeso says the inflationary impact of the government’s $700 billion bailout program could send gold soaring towards $1,500 an ounce by the end of 2009. He recommends five ways... |
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Deripaska in Montenegro - between a rock and a hard placeEvery move Oleg Deripaska makes as he struggles to cope with the devastating consequences of the financial crisis is being watched around the globe by his creditors, industrial rivals and - in Britain - swaths of the general public, intrigued by his links to the business secretary, Peter Mandelso... |
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Spanish banking group BBVA remains in black after 9 monthsMadrid - Major Spanish banking group BBVA reported Wednesday that it remained in the black after nine months this year despite the turbulence on international financial markets. BBVA (Banco Bilbao Vizcaya Argentaria) said it achieved net income of 4.... ... |
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