Meet the world’s new currency of choice

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Yes, it is gold bullion, which yesterday made a new high for the current bull market when it surpassed the December 3 interday high of $1,226. Although the yellow metal is both a commodity and currency, it has lately become the world’s currency of choice, i.e. a vote of no confidence in fiat paper. […]






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Picture du Jour: Sovereign debt in a global context

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With most of the attention during the past few weeks focused on the Greek debt situation, other sovereign borrowers have started wondering whether they might be next … […]






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Nouriel Roubini on EU’s trillion dollar band-aid

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Economist Nouriel Roubini says the $965 billion EU aid package helps in the short term, but long-term structural changes are necessary. […]






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Prieur’s readings (May 12, 2010)

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This post provides links to some interesting articles I have read over the past few days that you may also enjoy. […]






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Zayo Bumps Affiniti Off of EAGLE-Net
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Charlie Rose: Face to face with Maria Bartiromo

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In this video clip, Charlie Rose sits down with Maria Bartiromo, CNBC Anchor, to discuss her recently published book, The 10 Laws of Enduring Success. […]






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Is this how the stock market is controlled?

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With algos and the HFT cabal at work, one will be forgiven for questioning whether the stock market behavior is natural. […]






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