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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

Eurozone unemployment at record level

Mario Draghi, the head of the European Central Bank, is in Barcelona today and the ECB will announce its latest decision on interest rates later today. Analysts expect the bank of maintain rates at 1%, but with news out that eurozone unemployment now stands at a record 10.9% (up from 9.9% the year before) and bad news from Spain ...

2012-MAY-03 · The GoldMoney News Desk

Silver price gains on bullish US manufacturing data

Encouraging new US manufacturing data helped industrial commodities move higher yesterday, and pushed the Dow Jones and S&P 500 to their highest closes since May 2008. The silver price was the standout performer among the precious metals, gaining around 2.4%, with platinum and palladium also outperforming gold as traders bought ...

2012-APR-03 · The GoldMoney News Desk

Japan is now another spinning plate in the global economy circus

At the circus, you are sometimes treated to the spinning plate act where a performer tries to keep an improbable number of plates spinning at once, racing from one plate to the next as their wobbles indicate the need for another dose of momentum. Considering the number of spinning and wobbling plates that our central planners are ...

2012-MAR-12 · Chris Martenson

Bernanke speaks, gold rises

When perma-bear economist Nouriel Roubini turns bullish on the stock market, it’s wise to sit up and take notice. In the words of Gina Sanchez – director of equity and allocation strategy at Roubini’s firm – “We’re a believer; we’re celebrating. We think the rally has legs”. Silver is ...

2012-FEB-08 · The GoldMoney News Desk


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