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Posts related to ‘Currency’

JapanSushi

Dollar Blows Out Parity Against Yen in Currency Market

Posted: May 10, 2013 at 7:50 am

The U.S. dollar has not just met parity at 100/1 with the Japanese yen. It broke it, and now the yen is above 101 yen per dollar. This event has ...
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bank vault

CFTC Looks into Regulating Bitcoin

Posted: May 7, 2013 at 12:15 pm

The experiment behind the craze of the virtual currency Bitcoin may soon be coming to an end. The U.S. Commodity Futures Trading Commission (CFTC) is calling for regulators to look ...
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New $100 Bill

Eight Ways to Spot Counterfeit Money

Posted: April 30, 2013 at 6:25 am

The new U.S. $100 bill is set to debut in October. Along with a sleeker, more high-tech look, the new bill has new security features designed to thwart counterfeiters. For ...
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Stock Split Image

Bitcoin Becomes BS-Coin, Mt. Gox Crashes Again

Posted: April 18, 2013 at 12:15 pm

The great mystery and puzzlement behind Bitcoin may already be fading or disappearing. We recently questioned what the value would be for the price of gold or the price silver, ...
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Gold and Silver

The Case for $1,300 or Even $1,200 Gold — It May Actually Be a Good Thing

Posted: April 13, 2013 at 10:06 am

The gold bugs are getting squashed and flushed down the drain as gold continues its slide. After breaking the $1500 mark on Friday there are some key calls to consider ...
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Gold and Silver

Bitcoin Craze Highlights Intrinsic Value of Gold and Silver (GLD, SLV, EBAY, AMZN)

Posted: April 12, 2013 at 11:00 am

If you have been following the coverage of Bitcoin this week, you have seen a frenzy level come about. The reality is that someone is trying to tell you that ...
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JapanSushi

True Currency Parody: The Return of Dollar-Yen Parity

Posted: April 10, 2013 at 3:33 pm

Endless printing of money to purchase assets and bonds in Japan is a real game-changing initiative. It devalues what had become a very overvalued Yen but creates problems for the ...
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NYSE-flag

Earnings Season Kickoff: Calendar and Previews for the Week Ahead

Posted: April 5, 2013 at 2:12 pm

It is hard to believe already, but another earnings season is coming upon us. With both the DJIA and the S&P 500 up 10% or more in the first quarter, ...
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121270996

Cyprus Deal Saves Its Euro Status, Makes Cyprus Irrelevant Again

Posted: March 25, 2013 at 7:45 am

Cyprus has reached a bailout deal that will keep the tiny island nation in the European Union. As we pointed out, those with bank deposits of less than 100,000 euro ...
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bank vault

The Seven Safest Banks in America for 2013

Posted: February 26, 2013 at 5:01 am

The U.S. banking sector is looking better in 2013 than it did in 2012, 2011 and so on. Balance sheets, credit metrics and underlying asset values continue to recover. Still, ...
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World currency

G7 Moves to Prevent Currency Wars

Posted: February 12, 2013 at 7:10 am

The Group of Seven nations have agreed to provisions to prevent currency wars. The prospect that countries might protect their trade via currency valuation manipulation has become greater recently. The ...
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JapanSushi

Goldman Sachs Opines On Major Yen Outlook & Trend

Posted: January 15, 2013 at 11:18 am

CurrencyShares Japanese Yen Trust (NYSEMKT: FXY) and ProShares UltraShort Yen (NYSEMKT: YCS) have a lot to win or lose based upon the new devaluation/inflation strategy of Japan's politicians and central bankers. Today on ...
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World currency

Credit Suisse Adopts Negative Rate

Posted: December 3, 2012 at 11:47 am

Uber bank Credit Suisse Group (NYSE: CS) said today that it would begin charging customers a negative interest rate on deposits of Swiss francs beginning on December 10th. The bank ...
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China Is Not a Currency Manipulator?

Posted: November 28, 2012 at 6:53 am

Once again, the Treasury Department has elected not to label China as a currency manipulator. Many economists and politicians believe that action is absurd because the People's Republic clearly controls ...
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Greek Unemployment at Record High

Posted: November 8, 2012 at 10:20 am

The Greek government’s statistical agency this morning reported that the country’s unemployment rate in August rose to 25.4%, from 24.8% in July and 18.4% in August of 2011. Among those ...
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