Daily Foreign-Exchange Turnover Hits $4 Trillion - By William L. Watts (2/9/10) PDF Print E-mail
William L. Watts   
Thursday, 02 September 2010 09:48

MarketWatch

Daily turnover in the world's foreign-exchange markets has soared to $4 trillion, the Bank for International Settlements said Wednesday.

In its survey, conducted every three years, the Basel, Switzerland-based BIS found that global turnover in April 2010 was up 20% from $3.3 trillion in April 2007.

Spot transactions led the rise, increasing to $1.5 trillion a day in 2010 from $1 trillion in 2007. Other forex instruments saw turnover rise 7%, for an average daily turnover of $2.5 trillion.

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Uncle Scam - Global Trends In Gold - By David Galland (2/9/10) PDF Print E-mail
David Galland   
Thursday, 02 September 2010 09:47

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Economic Sandcastles - Why Bernanke’s Attempts To Fix The Economy Are Only A Façade - By Eric Fry (1/9/10) PDF Print E-mail
Eric Fry   
Wednesday, 01 September 2010 10:35

Daily Reckoning

America has an economy that produces about $13 trillion of activity each year. America also has a Federal Reserve Chairman that produces about 13 trillion raised eyebrows each year.

Last week, in Jackson Hole, Wyoming, Bernanke raised a few more eyebrows by asserting that the Federal Reserve remains in control - more or less - of economic conditions here in the United States.

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Depression Written Into Law, Part I - Black Swans - Crack-Up Dead Ahead - By Ty Andros (1/9/10) PDF Print E-mail
Ty Andros   
Wednesday, 01 September 2010 10:33

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Last Updated ( Wednesday, 01 September 2010 10:35 )
 
What It's Like To Be Down And Out In America - By Paul Evans (1/9/10) PDF Print E-mail
Paul Evans   
Wednesday, 01 September 2010 10:29

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