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| RATIOS & INDEXES |
| Gold / Silver | 61.99 |
| Gold / Oil | 14.77 |
| Dowjones / Gold | 11.04 |
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 | Articles related to Ireland |  |
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 | Mish - Global Economic Analysis |
Rand Paul Has the Right Idea, Congress Should Apologize to Apple; Holy Grail of Tax Avoidance; The " |
| Rand Paul created quite a stir in Congress when he Tweeted 'The Senate should apologize to Apple'.
@SenRandPaul:
Instead of examining our broken tax system, the US Senate is about to
harass Apple-one of the greatest business success stories in history.
@SenRandPaul: I am offended by a $4 trillion government bullying, berating and badgering one of America's greatest success stories.
@SenRandPaul:
To US Senate: I say, instead of Apple executives, you should have
brought in a giant mirror if Wednesday, May 22, 2013 |
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 | Jesse - Le Café Américain |
Marking the Field: US Stated Gold Reserves and Gold Held at the Fed - World Gold and Gold Swaps |
| The US Treasury says that it holds 261,499,000 fine troy ounces in its international reserves.
The gold is valued on the books at $42.2222 per fine troy ounce. This represents a total value of $11,041,063,078.
Since there are 32,150.7466 troy ounces in a tonne, the US Treasury has 8,133.53 tonnes of fine gold on its books. Note that the number as presented on a copy of the official US Treasury statement shown below includes 'gold swaps.'
A discussion of the procedures and nature of goldMonday, May 20, 2013 |
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| Ben Traynor - Bullion Vault |
| Stronger Dollar Means Gold "Has Lost Safe Haven Appeal", But Sentiment "Has Turned Positive" in Indi |
| London Gold Market ReportSPOT GOLD fell towards three-week lows Tuesday, dropping as low as $1423 per ounce, as the Euro also fell against the Dollar after comments from those attending today's Eurozone finance ministers' meeting appeared to show disagreement over the creation of a banking union.Days after Germany's DAX index set a new record high, European stock markets extended yesterday's losses this morning."Due to US Dollar strength and record levels in European shares, gold has been losingTuesday, May 14, 2013 |
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 | Mark O'Byrne - gold.ie |
| Press Release: GoldCore launches online gold trading to deal with huge increase in global demand for |
| GoldCore, an internationally recognised bullion dealer, has launched Ireland’s and the UK’s first online gold bullion trading and storage service. Using technology exclusively developed in Ireland, GoldCore customers can login to its Precious Metals trading platform and buy, sell and store gold bars and coins.
The PM trading platform was designed and built in response to customer requests for a trading solution to enable them to buy and sell bullion in multiple currencies in real time with the Thursday, May 09, 2013 |
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 | Mark O'Byrne - gold.ie |
| Depositors Beware - Bank Deposits Of Over €100,000 Are At Risk |
| Today’s AM fix was USD 1,463.00, EUR 1,118.67 and GBP 941.74 per ounce.
Friday’s AM fix was USD 1,476.50, EUR 1,124.95 and GBP 949.34 per ounce.
Cross Currency Table – (Bloomberg)
Gold rose $0.70 or 0.05% yesterday to $1,469.90/oz and silver finished down 0.37%.
A bank holiday was observed in the U.K. and Ireland yesterday.
Ireland’s Finance Minister, and current European Council President, Michael Noonan, is introducing a proposal to European finance ministers that will hit depositors thatTuesday, May 07, 2013 |
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 | Mish - Global Economic Analysis |
Senior Eurozone Official: "As Spain Goes, So Goes Slovenia"  |
| The spotlight is once again on Slovenia. Olli Rehn, the European commission’s economic chief is unhappy with economic progress in Slovenia and is threatening to put the country into an "excessive imbalances procedure" by the end of the month.
The problem is, Spain is in a similar "excessive imbalance" state prompting an unnamed eurozone official to state "As Spain Goes, So Goes Slovenia".
Please consider Brussels trains its sights on Slovenia.
The European Commission is being pushed to take aMonday, May 06, 2013 |
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 | Peter Schiff - Euro Pacific Capital |
The Great Gold Redemption  |
| The most puzzling part of the investment business is seeing how the vast and largely economically illiterate masses interpret any given piece of news. Take the recent gold selloff: many large players were motivated to sell by news that Cyprus will have to liquidate its gold stockpiles to pay off acute debt obligations. But just a moment's reflection shows this reaction to be knee-jerk.The real story behind Cyprus' deal has much more profound ramifications - and they are positive for gold.The RigFriday, May 03, 2013 |
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 | Ranting Andy - Miles Franklin |
| End of Austerity |
| Read the Tuesday Afternoon Wrap-up for 4/30/2013 and the Wednesday Morning Commentary for 5/1/2013
Of all the words I never expected to be associated with finance, “austerity” is atop the list; particularly in today’s world of GLOBAL, UNFETTERED MONEY PRINTING.
Thus far, it has been associated principally with Europe; although comically, some try to term America’s budget sequestration in 2013 an “austerity” measure; when in fact, its measly $1 trillion of back-end loaded spending cuts over the nThursday, May 02, 2013 |
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