First Hand Account – How Gold Jewelry Can Save Your Life

“In 1981, a 10-year-old Vietnamese girl, her parents and nine brothers and sisters began preparing for a perilous journey, a journey they knew they might not survive. Shanghairedmovie.com Since the fall of Saigon and the end of the Vietnam War in April 1975, life had been hard for the little girl’s family. The Communist government […]

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Thai Gold Buyer Doubles Imports After Bear Slump: Southeast Asia

“YLG Bullion International Co., Thailand’s biggest domestic gold importer, expects to more than double purchases this year after the bear market in prices spurred a surge in demand for physical metal. The company may import as much as 200 metric tons in 2013, from 92 tons last year, Chief Executive Officer Pawan Nawawattanasub said in […]

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Core Durable Goods, CapEx Both Miss; Revised Downward

“Moments ago we got the latest confirmation [5]the much delayed capital expenditures corporate spending spree – aside for airplanes ordered on spec of course – just refuses to arrive. While the headline durable goods print rose by a modest 0.1% in August, and beat expectations of a -0.2% decline, this was offset by a prior […]

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China Beige Book Exposes Government Lies: "Conventional Wisdom Of Economic Expansion In China Seriously Flawed"

“There are facts; then there are completely fabricated, made up numbers. And then there is Chinese “data.” After having been exposed in the past several years countless times on these pages alone as being absolute manipulated propaganda hogwash, it is amazing that anyone, anywhere still believes anything to come out of the official Beijing mouthpiece, […]

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Will Russia Lose Its Oily Grip on Europe?

“Vladimir Putin is on a roll. Ever since the Russian president-turned-prime-minister-turned-president got into office 13 years ago, he’s been deftly maneuvering Russia back into the ranks of global heavyweights. These days, he’s averting cruise missiles from Syria before breakfast.”   Continue reading on caseyresearch.com

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Consumer Confidence Drops Most In 6 Months To 4 Month Low

“Following UMich confidence’s biggest miss on record [14], the Conference Board misses expectations printing at its lowest since May 2013 as the last data was revsied higher. This is the largest MoM drop since March. Crucially, the headline index was saved by a surge in the “present situation” as expectations for the future plunged. As […]

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Singapore Continues Push To Become Asian and Global Gold Hub

“Today’s AM fix was USD 1,316.50, EUR 976.05 and GBP 823.43 per ounce. Yesterday’s AM fix was USD 1,321.75, EUR 978.71 and GBP 824.34 per ounce Gold fell $4.20 or 0.32% yesterday, closing at $1,321.10/oz. Silver dropped $0.18 or 0.37%, closing at $21.56. At 3:22 EDT, Platinum slipped $9.66 or 0.7% to $1,417.74/oz, while palladium […]

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Is This The Start Of China's Gold Miner Buying Spree?

“Back in October of 2012, Hugh Hendry proposed a simple investment thesis [10]: ‘”I am long gold and I am short gold mining equities. There is no rationale for owning gold mining equities. It is as close as you get to insanity. The risk premium goes up when the gold price goes up. Societies are […]

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Bitcoin: As Good as Gold?

“Only a few years back, the majority of people were saying that the dollar was as good as gold. Or the euro, for that matter, or any of a number of fiat currencies. In fact, at the time, confidence was such that even the term “fiat currency” went largely undiscussed. But, today, even those who […]

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July Case-Shiller Housing Index Misses For Third Month In A Row, Pace Of Increase At 10 Month Lows

“There was something for everyone in the just released July Case-Shiller house price index. On one hand, on a year over year basis, the NSA Composite 20 city index rose 12.39% in July, up from 12.07% in June, and in line with expectations of a 12.40% increase. This was the highest annual price increase since […]

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