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France

Hollande’s problem

Last year new French president Francois Hollande was elected after campaigning on a socialistic platform that emphasised increasing taxes on the rich. However, he is quickly realising the inherent flaws in the socialist economic model. By attempting to raise more revenue through punitive taxes on high earners, Hollande has instead ...

2013-JAN-29 · Chris Marcus

economics, France

Contagion spreads to the heart of Europe

Despite the lack of agreement over the latest (insignificant) iteration of the Greek bailout, what has really shaken the Eurozone to its very core was the new rating downgrade for France, coming on the heels of headlines calling France the “timebomb at the heart” of the EU, it means that sovereign debt concerns are slowly ...

2012-NOV-21 · The GoldMoney News Desk

euro, France, gold price, Greece, Ron Paul

French socialism and the lessons of history

The French have spoken: they want socialism. But instead of speaking, the French should have been listening – listening to history, that is. It might perhaps have given them pause for thought. In Grand Illusions: Francois Mitterrand and the French Left, Joseph P. Morray describes how the French people turned to socialism by ...

2012-MAY-14 · Gabriel M. Mueller

economics, France, inflation, unemployment

Stock sell-off accelerates following European elections

Gold and silver prices help up fairly well at the end of last week, considering the washout in equities and the broader commodity complex on Friday, following disappointing US nonfarm payroll numbers. The silver price chart is not looking too healthy at the moment, with support at $30, but short-term momentum running against the ...

2012-MAY-07 · The GoldMoney News Desk

commodities, Europe, France, silver price

Another bump in the road for European fiscal union

Gold and silver had a good finish to the end of last week, with the gold price settling at $1,664 – comfortably above selling resistance that has capped the price at $1,650 in recent weeks. It now looks like it could test the next band of resistance around $1,680. The silver price continues to struggle in comparison with gold, ...

2012-APR-30 · The GoldMoney News Desk

debt crisis, France, Germany, silver price

Gold price finds buying support

Gold and silver prices have stabilised somewhat over the last day, with the gold price finding strong support near the $1,550 level. Silver has received good bids on drops towards $28 per ounce. As can be seen courtesy of the MarketOracle chart below, the gold price could drop as low as $1,300-$1,400 and still be in a long-term uptrend. A ...

2011-DEC-16 · The GoldMoney News Desk

dollar, France, gold price, silver price, UK

The end of the EU

Last Friday, David Cameron came back from Brussels having rejected proposals to draft a new European Union treaty, having failed to get promises of adequate safeguards to protect Britain’s financial sector. But given that the UK has no veto over Brussels’ power to regulate anyway, the prima facie reasons presented to ...

2011-DEC-13 · Alasdair Macleod

ECB, euro crisis, Europe, France, Germany, UK

Markets anxiously awaiting news from Europe

Precious metal prices have been caught in the “risk-off” selling engendered by the announcement last night from Standard & Poor’s that they were putting 15 eurozone countries – including France and Germany – on negative watch for possible credit downgrades. This usually means a 50% chance of a downgrade ...

2011-DEC-06 · The GoldMoney News Desk

euro crisis, France, Germany, gold price, silver price

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CURRENT PRECIOUS METAL PRICES

	Gold: Gold Buy Rates	$43.2086/gg $1,343.90/oz
	Silver: Silver Buy Rates	$0.6835/gg $21.26/oz
	Platinum: Platinum Buy Rates	$45.1076/pg $1,403.00/oz
	Palladium: Palladium Buy Rates	$22.0554/pd $686.00/oz