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Latest Monetary policy Stories

2011-01-04 08:00:00

FORT LEE, N.J., Jan. 4, 2011 /PRNewswire/ -- The National Inflation Association - http://inflation.us - today announced its top 10 economic predictions for 2011: 1) The Dow/Gold and Gold/Silver ratios will continue to decline. In NIA's top 10 predictions for 2010, we predicted major declines in the Dow/Gold and Gold/Silver ratios. The Dow/Gold ratio was 9.3 at the time and finished 2010 down 15% to 8.1. The Gold/Silver ratio was 64 at the time and finished 2010 down 28% to 46. We expect...

2010-12-22 08:00:00

HOUSTON, Dec. 22 /PRNewswire-FirstCall/ - Enhanced Oil Resources Inc. (TSX-V: EOR) today announced that two of its wholly-owned U.S. subsidiaries have executed a reducing revolving Credit Facility with Regions Bank, Houston, Texas providing for up to US $25,000,000 in development financing for its oil and gas properties located in New Mexico.  The new Credit Facility provides an initial borrowing base of US $3.6 million and maximum borrowings of up to $25 million.  The new...

2010-11-29 16:00:00

MONTREAL, Nov. 29 /PRNewswire-FirstCall/ - Aptilon Corporation ("Aptilon" or the "Company") (TSX-V: APZ), a leader in online marketing to physicians and healthcare professionals, today announced its financial results for the nine months ended September 30, 2010. Financial references are in CDN dollars unless otherwise indicated. Complete financial statements and MD&A are available on SEDAR at www.sedar.com. Q3 2010 Summary Revenues reached $8.52 million, compared to $3.72...

2010-11-23 15:05:00

BIRMINGHAM, Ala., Nov. 23, 2010 /PRNewswire/ -- Superior Bancorp (Nasdaq: SUPR) today announced that its subsidiary, Superior Bank, has filed a damage claim of $58 million with the Gulf Coast Claims Facility (GCCF) as a result of the Deepwater Horizon oil spill. Stan Bailey, Chairman & CEO, stated "The Florida Gulf Coast comprises one of our two primary markets. This past summer, the Gulf Coast region experienced an 'economic hurricane' of epic proportion at a time when the area was...

2010-11-16 09:10:00

NEW YORK, Nov. 16, 2010 /PRNewswire/ -- Jeffrey Nichols, Senior Economic Advisor to Rosland Capital (www.roslandcapital.com), had the following commentary based on recent market activity and the week ahead: On November 9, 2010, as gold was registering new all-time highs near $1,425 an ounce, we warned the metal was "certainly vulnerable to a setback, and a substantial one at that." In part, we thought that the influx of speculative buying that contributed to the upward spike over $1,400...

2010-11-11 10:01:00

NEW YORK, Nov. 11, 2010 /PRNewswire/ -- OANDA Corporation, provider of innovative online forex trading and the world's most accurate currency data, has developed a free currency conversion application for Microsoft's revamped mobile operating system, Windows Phone 7 (WP7), which was officially introduced October 11, 2010. The OANDA Windows Phone 7 Currency Converter app is the first native app built by OANDA for the WP7 mobile platform. It provides access to currency data powered by OANDA...

2010-11-09 17:05:00

NEW YORK, Nov. 9, 2010 /PRNewswire/ -- Jeffrey Nichols, Senior Economic Advisor to Rosland Capital (www.roslandcapital.com), had the following commentary based on recent market activity and the week ahead: Having registered new all-time highs over and over again in the past few weeks, gold is certainly vulnerable to a price setback, and a substantial one at that. The influx of speculative buying that has contributed to the upward price spike will inevitably lead to profit taking and...

2010-11-09 07:30:00

PARIS, November 9, 2010 /PRNewswire/ -- According to momagri(c), a think tank advocating a new vision for global agriculture, the international community is not fully taking into account the impact of monetary and currency imbalances on agricultural activities. Yet, in an environment of food, financial and budgetary crises and in proportions unknown till now, the currency exchange rates and key rates set by Central Banks have become crucial variables for agricultural competitiveness....

2010-11-03 15:05:00

NEW YORK, Nov. 3, 2010 /PRNewswire/ -- Jeffrey Nichols, Senior Economic Advisor to Rosland Capital (www.roslandcapital.com), had the following commentary based on recent market activity and the week ahead: Gold thrives on political and economic uncertainty . . . and we've got plenty of that following the Republican victories this week and the Fed's Wednesday afternoon announcement that it is embarking on another large dose of monetary stimulus. We reiterate our long-term forecast that...

2010-10-25 13:58:00

NEW YORK, Oct. 25 /PRNewswire/ -- Jeffrey Nichols, Senior Economic Advisor to Rosland Capital (www.roslandcapital.com), had the following commentary based on recent market activity and the week ahead: From its mid-October all-time high pennies over US$1,387 to its recent low just under $1,315 last Friday, gold suffered a loss of just about 10 percent. However, looking closely at the price action and short-term supply/demand flows of recent weeks reveals the metal's inherent strength --...


Word of the Day
holluschickie
  • A 'bachelor seal'; a young male seal which is prevented from mating by its herd's older males (mated bulls defending their territory).
This comes from the Russian word for 'bachelors.'
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