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Monthly archive for March 2009

Gold Prices to Rise ‘For Some Time’ to Come

Kyobo Securities has today (March 23rd) suggested that now is the perfect time to make a gold investment as the yellow metal looks well-placed for further rises, the Korea Times reports. Gold Buying has been on the increase for some time now as investors continue to fret

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UBS Bullish on Gold Price Nearing $2,500

By Javier Blas in London Gold could surge to $2,500 a troy ounce in the next five years because the prospects of either deflation or inflation were “becoming more extreme” UBS said on Tuesday. The Swiss bank told investors to overweight gold in their portfolios. The Swiss

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Global Financial Assets Lost $50 Trillion Last Year, ADB Says

By Shamim Adam — March 9, 2009 (Bloomberg) The value of global financial assets including stocks, bonds and currencies probably fell by more than $50 trillion in 2008, equivalent to a year of world gross domestic product, according to an Asian Development Bank report. Asia excluding Japan

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