June 27, 2013
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Destruction of French Manufacturing Placed Squarely on Euro
By News DeskView post: Destruction of French Manufacturing Placed Squarely on Euro
Hard hitting global and local news
"Paradigm shift" to send gold sliding to $1,200 an ounce: SocGen And last but not least, what is probably the funniest headline yet delivered by all these newly minted gold bears: “UBS Says QE’s End May Render Gold ‘Obsolete’†A major theme of these forecasts is, you guessed it, the Fed’s alleged imminent ‘QE tapering’, and/or ‘raising of real interest rates’. To the latter we would point out that real interest rates (nominal interest rates relative to inflation expectations) have indeed risen lately, but it was certainly not the Fed’s fault.
Read the article: Ford CEO Calls Japan a "Currency Manipulator"; What Country Isn’t a Manipulator?
EU Twists the Screws on Spain With Inane Requests Posted by Michael Shedlock at 11:33 AM Disclaimer: The content on this site is provided as general information only and should not be taken as investment advice. All site content, including advertisements, shall not be construed as a recommendation to buy or sell any security or financial instrument, or to participate in any particular trading or investment strategy.