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Unless you are a furloughed government employee or you had planned to visit US national parks or museums, the immediate effect of a shutdown may be hard to see. But the longer the shutdown drags on the more problems become apparent.
Part three in the series on gold. If gold is, as some insist at the bar to me, “the thing that never lets you down,” what does the evidence actually say about its performance?
President Trump’s whirlwind Asia tour has seen a series of high-stakes summits, with markets closely watching his interactions. The much-anticipated meeting with Chinese President Xi Jinping produced a one-year truce on trade tensions.
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How Bretton Woods Broke and Gold Became Free
By Worldwide Financial Planning
Categories
Financial Planning, Investment
After World War Two, the world was exhausted and searching for structure. Ration cards and rubble gave way to grand visions. In 1944, at Bretton Woods in New Hampshire, delegates from 44 nations built a bold new architecture.
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JAPAN LEADS GLOBAL EQUITIES HIGHER AS OIL RISES SHARPLY
Britain’s mood has been positive as UK gilts joined the equity rally. Better consumer inflation raised hopes of more aggressive rate cuts from the Bank of England. Retail spending picked up, consumer confidence is rising (from a low level) and services and manufacturing output accelerated.
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Should I ‘invest’ in gold?
By Worldwide Financial Planning
Categories
Investment
Not for the first time in 37 years, I’m being asked about the ‘next biggest thing’. In this instance, it’s gold. On each occasion, the fear of missing out (FOMO) takes over, as our brains are redirected by what’s called an Amygdala Hijack, which I’ve covered in the past in detail.