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Monday, April 22, 2013

Impt World Economic News: crash of gold prices, China Miracle over, Apple slowdonw

Ad Majorem.....Wealth Builders

From: Moneynews.com
Date: Mon, Apr 22, 2013 at 12:34 AM
Subject: Top Five Stories You May Have Missed




Moneynews.com


Top Five Stories
You May Have Missed
Dear Moneynews Reader:
Here are the five top Moneynews stories from the past week that you may have missed:

  1. Gold's Plunge Wipes $560 Billion From Central BanksInvestors are dumping gold funds at the fastest pace in two years in favor of equities, compounding a slump that has wiped $560 billion from the value of central bank reserves . . . Click Here.
  2. Gold Crash Not a 'Natural Event,' Caused by Central BanksTheories about what triggered gold's recent drop are "cover stories," says Chris Powell, co-founder of the Gold Anti-Trust Action Committee (GATA), an organization focused on exposing, opposing, and litigating against collusion to control the price and supply of gold and related financial instruments . . . Click Here.
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    Editor's Note: Obama Blunder Spawns Massive Profit Opportunity


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  3. WSJ: China's Economic Miracle May Be Over News that Chinese economic growth slid to 7.7 percent in the first quarter from 7.9 percent a quarter earlier may be a sign that the nation's days of economic glory are over. Many industries are beginning to sag after 30 years of economic growth . . . Click Here.
  4. Apple Slowdown Threatens $30 Billion Global Supplier WebApple Inc.'s slowing sales are rippling through a supplier network that has long benefited from the company's ability to churn out iPhones and iPads . . . Click Here.
  5. Fed's Lacker: If I Were 'Dictator,' QE Would Stop NowFederal Reserve Bank of Richmond President Jeffrey Lacker said he favors slowing bond buying now to ensure record growth in the central bank's balance sheet doesn't impede the eventual withdrawal of record accommodation. "I'm in the camp we have to taper and stop right now if it were up to me," Lacker told CNBC . . . Click Here.

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