NW Business and Finance

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ECB and US Payrolls Dominate Headline of the Week + MORE

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Crude oil shrugged off earlier losses and jumped as OPEC indicated willingness to talk to other producers on “fair price”. Sentiment was also buoyed by the DOE/EIA report which showed a -1% m/m drop in June output. The front-month WTI contract rallied +8.8% on Monday, accumulating a +25.3% gains in total over the past 3 trading days…

Continue Reading On oilngold.com »

Crude oil shrugged off earlier losses and jumped as OPEC indicated willingness to talk to other producers on “fair price”. Sentiment was also buoyed by the DOE/EIA report which showed a -1% m/m drop in June output. The front-month WTI contract rallied +8.8% on Monday, accumulating a +25.3% gains in total over the past 3 trading days…

Continue Reading On oilngold.com »

Vancouver, BC, Canada — September 1, 2015 – Miranda Gold Corp. (‘Miranda’) (TSX-V: MAD) and Montezuma Mines Inc. (‘Montezuma’) have on August 28, 2015, executed a Project Management Agreement for the formation and organization of a limited liability company (the ‘LLC’) to hold the lease and related rights in respect of the Red Canyon, Nevada property and to conduct the operations contemplated under the Project Management Agreement…

Continue Reading On mirandagold.com »

Worries over global economic slowdown again took the centre stage. Financial markets declined across the board, driven by disappointing Chinese PMI, US ISM and IMF Managing Director Christine Lagarde’s forecast of weaker growth outlook. Wall Street fell with DJIA and S&P 500 indices losing -2.84% and -2…

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Crude oil weakened a tad in Asia Monday following the double-digit rally last week. Equities in Asia also softened with China’s CSI 300 index dropping -2.84%, Japan’s Nikkei 225 index down -1.83% and Hong Kong’s Hang Seng Index down -0.87% at the time of writing. The retreat was despite the China Securities Regulatory Commission’s order that…

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The danger of eliminating cash

– .goldmoney.com

In the early days of central banking, one primary objective of the new system was to take ownership of the public’s gold, so that in a crisis the public would be unable to withdraw it.
Gold was to be replaced by fiat cash which could be issued by the central bank at will. This removed from the public the power to bring a bank down by withdrawing their property…

Continue Reading On .goldmoney.com »

Wall Street gained solidly as some encouraging macroeconomic data buoyed sentiment. DJIA and S&P 500 indices rose +1.82% and +1.83% respectively. US non-farm productivity rose more than expected while mortgage application soared. Although ADP’s employment missed expectations, the increase remained solid…

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