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In spite of a massive fearmongering campaign by both Labour and Tories in the UK, Scots Independence Race Tightens Six Days Before Ballot . Scotland’s nationalists drew closer to the Better Together campaign in the latest poll on independence before the referendum, making the run-in to the Sept. 18 vote too close to call.
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Visit site: Steen Jakobsen on "Zero Bound Bubbles" and the "Vital Flaw in Pimco’s Bullishness"
View the original here: US Feigns "Horror" Over Cooked-Up Report on Syrian War They Engineered
View article: Political Atom Bomb Explodes in Spain; Prime Minister Refuses to Step Down After Being Implicated in Slush Fund…
"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.
In Swiss law, private citizens can put forth any initiative that can gather 100,000 signatures. A campaign by the Swiss People’s Party to ” Save our Swiss Gold ” gathered 106,052 signatures so a vote will be coming up.