While New Zealand was probably the first country to pursue target Inflation back in 1990, the United States and now Japan could teach the land of the Kiwi (and probably have) a thing or two regarding inflation. According to Peter Schiff, President of Euro Pacific Capital, it is not something to be proud of and … Continue reading
The Physical Demand For Gold
As a result of the almost 8% decline in the price of Gold many dealers were surprised to see the demand for gold jump with clients buying up coins and bars and appearing in unexpected numbers like cicadas on the East Coast. Some dealers have likened the appetite for the yellow metal as the most … Continue reading
Durable Goods Report Delivers More Bad News for Economy
CNBC April 24, 2013 Reuters Orders for long-lasting U.S. manufactured goods recorded their biggest drop in seven months in March and a gauge of planned business spending rose modestly, adding to signs of a slowdown in factory activity. Durable goods orders slumped 5.7 percent as demand fell almost across the board, the Commerce … Continue reading
Now, Even Germany Has Fallen Prey To The Euro-Zone Debt Crisis
Market Watch April 23, 2013 By William L. Watts Even mighty Germany, the euro zone’s biggest economy and primary growth engine, sputtered in April, according to a preliminary purchasing managers’ index reading, amplifying fears the region will continue to struggle to overcome a devastating recession that economists had previously hoped would come to … Continue reading
Data Shift To Lift US Economy by 3%
CNBC Financial Times April 22, 2013 By: Robin Harding The U.S. economy will officially become 3 percent bigger in July as part of a shake-up that will for the first time see government statistics take into account 21st century components such as film royalties and spending on research and development. Billions of dollars … Continue reading

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