Monthly Archives: October 2010

Gold price could easily rise beyond $1400/oz as investor anxiety, central bank buying and more US quantitative easing continue

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AMANDA COOPER Published: 10/20/10 07:18:09 AM THE gold price could easily rise beyond $1400/oz as investor anxiety, central bank buying and more US quantitative easing continue, JP Morgan Asset Management Fund Manager Ian Henderson said yesterday. “I just feel for … Continue reading

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Currency Wars: A Race to the Bottom of the Inflationary Barrel

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by Dr. Ron Paul, US Congressman, Texas 14th District, October 19, 2010 Inflation fears are heating up this week as Fed Chairman Ben Bernanke gave a speech in Boston on Friday, causing further frantic flight into gold by those fearful … Continue reading

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There’s No Bubble in Gold, Peter Schiff Says: “We’re Still Relatively Early in the Game”

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Yahoo!Finance.com Posted Oct 18, 2010 09:37am EDT by Peter Gorenstein in Investing, Commodities The Federal Reserve is clearly not worried about inflation. Chairman Ben Bernanke said as much on Friday in a speech meant to lay out his argument for … Continue reading

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Stock Market Weakness Worth Watching For Dollar Direction

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18 October 2010, 10:12 a.m. By Debbie Carlson Of Kitco News (Kitco News) — The trade to “short dollar/long everything else” is in vogue now, and for it to reverse it would need to take news events, says Ed Meir … Continue reading

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GOLD HITS RECORD HIGH AS DOLLAR WILTS

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By Jan Harvey LONDON | Thu Oct 14, 2010 8:38am EDT (Reuters) – Gold rallied to fresh record highs in Europe on Thursday as the dollar slid to its lowest this year versus a basket of major currencies, boosting interest … Continue reading

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Fed Chief Gets Set to Apply Lessons of Japan’s History

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By Jon Hilsenrath OCTOBER 12, 2010 As a Princeton professor in the 1990s, Ben Bernanke lectured Japanese officials for mishandling their economy. Jon Hilsenrath discusses Bernanke’s criticism of Japan’s central bank a decade ago, saying it offers hints of what … Continue reading

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Comex Gold Pushes To Record High; Technical Buying Activated

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13 October 2010, 11:15 a.m. By Allen Sykora Of Kitco News Comex December gold has peaked at $1.374.80 an ounce, a record for a most-active contract. Support comes from continued expectations for quantitative easing, says Charles Nedoss, senior market strategist … Continue reading

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GOLD HITS RECORD AS FED ANNOUNCEMENT SINKS DOLLAR

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By John Jameson on October 13, 2010 8:24 AM | Permalink By Amanda Cooper and Jan Harvey LONDON | Wed Oct 13, 2010 10:42am EDT (Reuters) – Gold surged to a record high at $1,367.65 an ounce on Wednesday and … Continue reading

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Gold Futures Rise to Record on Demand for Currency Alternative

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By Claudia Carpenter and Pham-Duy Nguyen Oct. 13 (Bloomberg) — Gold futures rose to a record $1,368.90 an ounce amid mounting investor demand for the metal as an alternative to currencies. Silver extended a rally to the highest level since … Continue reading

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420 Banks Demand 1-world Currency

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International finance group seeks remedy to looming exchange wars The Institute of International Finance, a group that represents 420 of the world’s largest banks and finance houses, has issued yet another call for a one-world global currency. “A core group … Continue reading

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