Diamond News Archives
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Gold futures ended modestly higher Friday, logging a weekly gain as traders brushed off typically negative factors like rising Treasury yields and a stronger U.S. dollar.
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The institution’s staff is designing a backstop that would be available for the Governing Council to use against debt-market stress caused by shocks outside the control of individual governments, said the officials, who asked not to be identified because the matter is confidential.
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Negotiations between the countries has accelerated with Riyadh's growing unhappiness with the United States. “China is offering everything you could possibly imagine to the kingdom,” the official told the Wall Street Journal.
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Commodities could surge by as much 40% -- taking them far into record territory -- should investors boost their allocation to raw materials at a time of rising inflation, according to JPMorgan Chase & Co.
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Here's the deal in a nutshell: The Fed actively promotes inflation while pretending to be inflation fighters. Yet, people listen to these clueless jackasses as if they know what they are doing.
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