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Showing posts with the label economy

About.me.Finance- Buy Gold and Silver for Profit

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King World News was having a fireside Chat with Billionaire Frank Giustra about the scenario that "Silver" will reach US$ 500 and "Gold" to reach US$ 10,000. Here in Switzerland, something amazing is happening right now. They came out of "Gold" initiative which we discussed the blog before because this will make the Swiss Franc much strong. Hence, this will have a bad effect in the economy i.e., due to strong currency people will lose the Job .  The Swiss Franc has been appreciating and coming near to 1.20 pegs with Euro . The Finance Minister fears that it will break the peg, so they initiated Negative 0.25% Interest Rate . Apart from that they started buying unlimited amount of Euros too. Switzerland today had abandoned Swiss Franc and joined Euro and whole European Economy is governed from Brussels.  Swiss Economy is much stronger than other European Compatriots. So will be its currency, if they have one. So a massive Money p

About.Me Finance- Greece Debt Lingering

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"Greece Debt" is still hanging over Europe from before and stern United States Market had send confusing signal to the market. Markets are just considered themselves above the 3 months high, but still market is simmering to move forward. Asia-Pacific Shares are just above 0.2% and Nikkei of Japanese is just bulging ahead, not so fast, even though Yen is getting thrashed from United States Dollar.   China seems to be on revival, but still the part of Government is still pending. The market responded to 0.8% Growth after a long time since 2008, with Real Estate firmer in demand. Wall Street too is on a bouncing mode with 0.22% growth, S &P 500 up by 0.17% and Nasdaq up by 0.11% growth. United States Retail Sales are on the high with moving upward, sentiments too are showing signs of upward movement and expectation are bit high this year. This will make United States Dollar appreciate further, which President Barack Obama will not like it. So, Sentiments are

WP.ME FINANCE - NO INTEREST RATE HIKE IN USA

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"Federal Reserve Finance" is planning to Increase the interest rate after report of good prospering jobs. So the signs of Trading are a bit low due to this expectation. This year the Federal Reserve is planning to increase the Interest rate this September due to healthier United States Economy . Banks are proposing that Federal Reserve will be increasing the Interest Rate this September and there will be another rate before the year ends.  Apart from that, Banks are also expecting the InterestRate hike will be steeper and their timing. Is it the correct time "Federal Reserve Finance " is taking this crucial decision? How will it affect the Global Economy? Does Barack Obama require United States Dollar to be lean? Dow Jones Industrial Average was down; same is with S &P index and Nasdaq Composite. Energy Index is the leading looser due to slide of China’s Oil import and OPEC is planning to keep the increased production .  The