More eurozone downgrade warnings after the close on Friday
The slow motion train accident that is the eurozone sovereign debt crisis moved a step closer to the edge last night with Fitch warning of a near-term downgrade for Italy, Spain, Ireland, Belgium, Slovenia and…
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Eric Sprott explains how silver could hit $200 an ounce
Billionaire commodity fund manager Eric Sprott explains how silver should triple the performance of gold in the next stage of the gold bull market and could hit $200 an ounce (see video here). His…
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Euro and stocks fall as sovereign debt meltdown closer to realisation
The euro dipped below $1.30 yesterday but still has a long way to fall to its launch exchange rate of 85 cents to the dollar. But it could get there an awful lot faster than…
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Chinese real estate bubble pops just like Dubai three years ago
The spectacular real estate boom is over in China with new home prices in Beijing crashing by 35 per cent last month and the growth of M2 money supply dropping to its lowest in a…
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ArabianMoney investment newsletter outperforms most professional financial advisers in 2011
Most professional financial advisers will shortly be sitting down with their clients to explain why they lost money in 2011. It has been a tough year for all investors with high inflation and big falls…
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Oil prices jump on rumors Iran to hold maneuvers in Strait of Hormuz
Oil prices jumped above $100 -a-barrel yesterday on reports that Iran plans to hold military maneuvers to practice the closing of the Strait of Hormuz, according to Bloomberg citing the Fars news agency, although the…
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Why gold is getting dragged down by the euro crisis
With gold prices hitting a devilish $1,666 per ounce today, a seven-week low for the precious metal, some explanation is called for as the worry over money printing by central banks has seldom been higher.…
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Cameron gets it right, US hedge fund managers still way off on the eurozone crisis
British Prime Minister David Cameron abandoned the European Union to its fate in the eurozone crisis last week, protecting the British national interest from the inevitable failure of the eurozone as far as he could.…
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How much did your investments lose to inflation this year and what about 2012?
Rising inflation and low interest rates are a toxic combination for investors. Around the world this has been a bad year for savers. The chart below shows UK savers came off worst.
Real interest rates…
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Rising cost of newsprint is the final blow for newspapers, bring on the Net!
Back in the real world where newspapers are run for a profit and not on subsidies from Abu Dhabi and the industry is beginning to feel the pinch from the rising cost of newsprint.
One…
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