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themessthatgreenspanmade.blogspot.com - 30 days ago
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Much has been written in the last two days about the surprising purchase by the RBI (Reserve Bank of India) of some 200 tonnes of gold bullion, valued at about $6.7 billion, from the IMF (International Monetary Fund). Is this really a significant event? Judging by the price of gold since the ...
telegraph.co.uk - 11/2/2009
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telegraph.co.uk —
Japan is drifting helplessly towards a dramatic fiscal
crisis. For 20 years the world's secondlargest economy has...
been able to borrow cheaply from a captive bond market feeding its addiction to Keynesian deficit spending - and allowing it to push ...
(more)
It is Japan we should be worrying about not America
bespokeinvest.typepad.com - 11/4/2009
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bespokeinvest.typepad.com —
The price of gold has broken out to
another new high this morning following news that India's...
Central Bank purchased 200 tons of the metal from the IMF. Previously, the IMF had announced that it would sell around 400 tons, raising speculation that the ...
(more)
Gold Soars to New Highs
ft.com - 10/30/2009
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ft.com —
There is a pleasing myth about the business
cycle. This is that it is just a fluctuation...
around an underlying trend. Output in a boom is above a sustainable level. In a recession it is below it. Budget deficits in the recession phase can be and should ...
(more)
Goodbye to the pre
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The significance of the IMF-RBI gold sales
IEHI Feed: The Hedge Fund Implode-o-Meter —
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