Monthly Archives: January 2012

S&P Warns of Cuts; Another US Downgrade Coming?

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CNBC.com By Antonia van de Velde January 31, 2012 Concerns over the size of United States debt reared their head once again as ratings agency Standard & Poor’s warned that health care costs for a number of highly-rated Group of … Continue reading

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Gold On Track For Biggest Gain Since August

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Reuters By Veronica Brown January 31, 2012 * Gold’s rise could top 11 percent this month * Jan gains leave 2011 volatility in the shade * Low rate environment a key support; $1,800 next hurdle LONDON, Jan 31 (Reuters) – … Continue reading

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Morning Market Roundup: China Buying Massive Amounts Of Gold, Eurozone Bailout Fund Final

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The Blaze By Becket Adams January 31, 2012 Here’s what’s important in the financial world this morning: China: China has been keeping itself busy buying up enormous amounts of gold, according to a recent Forbes report. This month alone, China … Continue reading

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Gold Prices Track Euro Higher (Update 2)

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The Street By Alix Steel January 31, 2012 NEW YORK (TheStreet ) — Gold prices were moving higher Tuesday along with the euro as investors cheered a tighter fiscal pact from the European Union. Gold for February delivery was up … Continue reading

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EU Leaders Back Fiscal Pact, Bigger Firewall

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CNN Money By Ben Rooney January 30, 2012 NEW YORK (CNNMoney) — European Union leaders agreed Monday to strengthen a financial firewall and most members of the 27-nation group will sign a new fiscal compact. But the first summit of … Continue reading

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$2,000 Gold in 2012

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The Street By Alix Steel January 30, 2012

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Italy, Spain Downgraded By Fitch

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CNN Money By Chris Isidore January 27, 2012 NEW YORK (CNNMoney) — Fitch downgraded the sovereign debt ratings Friday of five European countries, with Italy and Spain taking the biggest hit. Italy, the third largest economy in the eurozone, had … Continue reading

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Gold Breaks Above a Major Trendline

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The Street By Scott Pluschau January 26, 2012 NEW YORK (ETF Digest) — With the Central Bank of the United States, better known as the Federal Reserve, making its announcement to keep interest rates low through 2014, gold is going to … Continue reading

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Not Again! Debt Ceiling Debate Set to Make a Monstrous Return

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Yahoo! Finance By Matt Nesto January 26, 2012 You can pick almost any horror film and chances are, somewhere in it a character that was presumed dead makes a dramatic, surprise return looking to hurt anyone in its path. Even … Continue reading

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Retirement In America Is ‘Endangered’

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Social Security, Contribution Rates And More Need Fixes MarketWatch By Robert Powell January 26, 2012 BOSTON (MarketWatch) — President Barack Obama, in his State of the Union speech, didn’t really touch on the subject near and dear to the hearts … Continue reading

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