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The Collapse of the Dollar and How to Profit from It: Make a Fortune by Investing in Gold and Other Hard Assets, written by James Turk and John Rubino and first released in 2004, has just been published in Spanish. You might think that given eights years have passed since its initial release, the lessons it holds are now dated and less ...
The rating agency Moody’s decision to hold off on downgrading Spanish bonds to junk status has lifted Spanish and Italian bond prices, as well as the euro. Stocks and industrial commodities have also reacted positively to this news – though it doesn’t change the big picture fact that the Spanish government remains up the ...
The dramatic rises in gold and silver prices that followed the Federal Reserve’s “QE3” announcement earlier this month has stalled over the last few days. Gold is encountering selling pressure on trips above the $1,770/oz mark, while silver was hit hard yesterday afternoon along with stocks and commodities, as European ...
Precious metal prices have dipped this morning. No prizes for guessing why: eurozone uncertainty, with increasing doubts among traders as to whether or not Spain will make a formal request for a bailout, and media reports of disagreement between France and Germany as to the best means of dealing with bailed out nations. France is ...
The monetary precious metals gold and silver held up fairly well in trading yesterday, considering the gains in the US dollar, as traders started to turn their focus back to the debt problems in Europe, with Spain showing reluctance to formally request financial aid from the European bailout fund. Such a bailout request - which for Spain ...
As the first “too-big-to-fail” euro-periphery nation to have caught fire, many see Spain as the pivotal battleground that will determine the eurozone's future. Massive money printing by the European Central Bank is the only realistic way to fund a Spanish bailout, but this will unleash a giant moral hazard: why should ...
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