RUSSIA STARTS TO CORNER THE WORLD’S GOLD
When Vladimir Putin says the U.S. is endangering the global economy by abusing its dollar monopoly, he’s not just talking. He’s betting on it.
When Vladimir Putin says the U.S. is endangering the global economy by abusing its dollar monopoly, he’s not just talking. He’s betting on it.
Being a Meteorologist by military training, and being a Director of CEIFX.COM, a currency exchange corporation, I like the concept of FLURRIES. The word FLURRY evolved in 17th Century English as a combination of the words: FLUTTER and HURRY. If you have ever seen a bird flutter its wings, trying to escape a predator, or [...]
The price of gold in recent years has been soaring, and many people who know nothing about investing are buying gold, primarily out of fear that the future will bring surprising shocks for the value of their paper money. Governments across the world, from Europe to China, are trying to solve their economic problems by [...]
Paulson Said to Tell Clients Gold Fund Will Top Others By Kelly Bit, from Bloomberg John Paulson, the hedge fund manager seeking to rebound from record losses in 2011, told investors his Gold Fund will outperform his other strategies over five years, according to a person with knowledge of the matter. The billionaire, at a meeting [...]
Central Banks Are Buying Gold? From Bullion Vault THERE IS growing speculation over which nations’ central banks have been Buying Gold, after data from the World Gold Council showed a jump in official gold purchases during the third quarter of the year. A total of 148 tonnes of gold was purchased by central banks worldwide [...]
The Euro, as I stated earlier, is continuing its fall. Gold is also falling. For traders this is an excellent opportunity. In my opinion, the Euro has to go down. The refinancing of sovereign bonds will require higher interest payments. This will weaken the entire EU confederation and brink on a major recession. In addition, [...]