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Five months have passed since my 3% sometime in 2008 call was made, and now it is becoming the received orthodoxy. That’s why I have to ask what is wrong with it, or better, what is the next phase beyond it?
When price is an inverse function of liquidity and liquidity is an inverse function of price certainty, the recursive loop can only be broken by human intervention and action.
The names of three banks and the word “stocks” beat “sex” to become four of the most Googled words in China last year, according to a Google China list seen on Thursday.
Living standards in Britain are set to rise above those in America for the first time since the 19th century, according to a report by the respected Oxford Economics consultancy.
This weekend’s WSJ featured an article on how ETFs investing in gold have increased demand for the metal. According to the article, streetTracks Gold Shares ETF (GLD) now holds more gold than the People’s Bank of China and the European Central Bank. In
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