By Carlos Torres and Bob Willis Aug. 13 (Bloomberg) — Inventories at U.S. businesses rose in June at a faster pace, propelled by a surge at retailers that indicates companies may need to cut prices to clear out merchandise as ...
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The odds of a double-dip recession in the U.S. are “certainly higher than 50-50” and the economy could contract again by the end of this year, David Rosenberg, chief economist at Toronto-based Gluskin, Sheff & Associates said on Friday. “The ...
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By Matt Whittaker NEW YORK (Dow Jones)–Gold futures are higher Wednesday after the Fed downgraded its assessment of the U.S. economic recovery, sending investors into the perceived refuge of the metal. The market is largely ignoring the generally stronger dollar–which often ...
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By Sudeep Reddy The Federal Reserve, facing an economic recovery that it termed “more modest” than anticipated, said Tuesday it will stop shrinking its huge portfolio of securities by reinvesting the proceeds of maturing mortgages in U.S. Treasury debt. The Fed ...
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By Annalyn Censky, staff reporterAugust 11, 2010: 10:18 AM ET NEW YORK (CNNMoney.com) — The dollar fell to a 15-year low against the Japanese yen Wednesday, as investors flocked to safe-haven trades after weak economic data was released by China ...
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By James West The signals emanating from the global economic indicators that can be considered unbiased and leading indicate strongly that we’re edging closer to another brink of some sort. Nobody can see over the edge, but ...
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By James West MidasLetter.com I first wrote about Golden Hope back in 2008 when the company was trading at around $0.12. At the time, I wasn’t overly excited about the project, because it ...
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By Aaron Hoddinott Pinnacle Digest We all know buying stocks with leveraged money is a dangerous game. Why isn’t the same said for investing in leveraged ETFs? Read ...
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By Kenneth J. Gerbino It is the paper money created out of thin air that creates the unfair distribution of wealth that is making the middle class fall more behind and the poor more poor. Newly created money ...
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Gold is speaking to us, in its gleaming, grinning, golden silence, from its distant historical perch in the affairs of commerce among humans. Its telling us what fools we are to believe in the fiat paper issued ...
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By Sean Fieler and Jeffrey Bell American Principles Project Washington’s elites are quietly preparing a post-election fiscal compromise that will fund much of President Barack Obama’s domestic spending agenda with huge tax increases. They aim to create a ...
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Allegations of fraud brought last week by the Securities and Exchange Commission is a shocking departure from the culture of collusion among the U.S. government and the nation’s top banks. That despite the position of this ...
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This past week saw the Euro edge just a little bit closer to oblivion with the petulant Greeks insinuating that they’ll default if they don’t get bailed out. Not that you’re going to see that written anywhere, ...
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