December 3, 2011
in 2012, Africa, GDP, Latin America, Lists, OPEC, foreign investment, frontier markets, international economy, oil
It’s no surprise that U.S. GDP is forecast at one of the lowest GDP growth rates worldwide for 2012, at a mere 1.3%, if the figures can be trusted. U.S. GDP growth will be lower than Canada (only projected at 2% growth), Mexico, Iraq, Kenya, Lebanon, Israel and Angola.
So which countries are projected to see [...]
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February 2, 2011 · 3 comments
in G20, bailout, banks, bubble, capitalism, central banks, debt, deficits, economy, forecasts, future, government, indicators, international economy, market reports, money supply, preparedness, risk, sovereign debt, stimulus, wealth protection, world order
The DOW is back above 12,000 for the first time since June 2008 – kind of weird to imagine, isn’t it? Does all feel right again in the world? Back in June 2008 the markets buzzing full of bullish energy. The U.S. housing sector tore it all apart, and the Ben Bernank huffed and puffed [...]
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January 23, 2011 · 1 comment
in Asia, BRIC, China, February, central banks, forecasts, foreign investment, gold, indicators, international economy, market reports, market timing, market trends, metals, precious metals, seasonal investing, special dates, wealth transfer
Chinese New Year typically involves a lot of gold buying, just like the Indian marriage season in late summer and Autumn. How much higher will the price of gold go as a result of the Chinese New Year?
This year’s Chinese New Year (or Lunar New Year) occurs on February 3rd and celebrations will last until [...]
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The Bank of England surprised all economic estimates today when it revealed that the UK GDP continued to contract in the third quarter. Most analysts were expecting modest growth, and the Bank of England itself had been jawboning the notion that there would be growth. Instead, GDP contracted by 0.4%, which raises questions about other [...]
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N.B., Acknowledging the fact that some Americans probably think Gerald Celente is a nut – those who are familiar with him at all – just as, for many people, Peter Schiff is seen as an extremist or nut – I think that, given their analytic track records – which you have to admit, have been [...]
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Also known simply as a reserve currency, or less frequently, an “anchor currency,” the world reserve currency is more like a vehicle or container – like a 401(k) or RRSP – which can hold a certain currency inside. In other words, there is no essential or necessary world reserve currency. It could be any currency [...]
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July 5, 2009 · 6 comments
in US debt, USD, currencies, foreign investment, inflation, international economy, investing (general), politics, savings, world order
China was the first to open the floor for discussion on the continued viability of the US dollar as the world’s reserve currency a couple of months ago. With good reason, since they are now the largest foreign holder of US debt instruments (that’s the paper money the Fed prints out of thin air). Just [...]
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