Obama and George Bush-The Secret Investment They Don't Want You To Know About.More information visit http://tinyurl.com/IraqiDinar
Friday, 2 August 2013
Thursday, 4 July 2013
Stocks Offer Surprising Strength, So Far
The United States will be celebrating Independence Day on Thursday -- and investors may choose to celebrate that the U.S. stock market didn't slump on Wednesday.
In fact, stocks recovering from early selling, and the major averages all finished with modest gains.
Crude oil (-CL), however, closed above $100 a barrel in New York for the first time since May 3, 2012, on speculation that political turmoil in Egypt would push prices higher. And motorists are likely to pay more at the pump as a result.
The positive finish for stocks may have surprised some. Futures trading overnight had suggested a nasty open because of Egypt and its effect on oil prices, and European stocks were off more than 1%.
But the catalysts were bullish: improving jobless claims in the United States and some cheer on the part of business that a mandate for employers with more than 50 workers to provide health insurance has been put off a year.
For Complete News Visit: http://money.msn.com/top-stocks/post--stocks-offer-surprising-strength-so-far
Gold, Silver Rise; Oil Rises on Egypt Tension
Gold and most other metals closed higher Wednesday, as escalating tensions in Egypt pushed the price of crude oil and other energy futures higher.
Gold for August delivery rose $8.50, or 0.7 percent, to settle at $1,251.90 an ounce Wednesday. Silver and copper also rose, but platinum and palladium fell.
Silver for July delivery rose 39.1 cents, or 2 percent, to $19.689 an ounce. July copper rose 3.2 cents, or 1 percent, to $3.1740 a pound.
July platinum fell $21, or 1.5 percent, to $1,345.30 an ounce and September palladium fell $3.20, or 0.5 percent, to $685.70 an ounce.
Crude oil rose to its highest level in more than a year as Egypt's political turmoil escalated and U.S. supplies fell. Egypt's military ousted embattled President Mohammed Morsi, suspended the country's constitution and called early elections.
Benchmark oil rose $1.64 to $101.24 a barrel on the New York Mercantile Exchange. It rose to $102.18 a barrel earlier, its highest price since last May.
U.S. crude supplies fell by 10.3 million barrels from the previous week, the Energy Department reported, more than three times the drop that analysts had expected.
In other energy futures trading, natural gas gained 4 cents to end at $3.69 per 1,000 cubic feet, heating oil added 5 cents to finish at $2.95 per gallon, and wholesale gasoline rose 5 cents to end at $2.84 per gallon.
Wheat and soybeans rose. Corn ended flat.
Wheat for September delivery rose 6.75 cents to $6.65 a bushel. Soybeans for November delivery rose 8.25 cents to $12.5075 a bushel. Corn for December delivery was unchanged at $5.0275 a bushel.
U.S. markets will be closed Thursday for Independence Day.
Tuesday, 2 July 2013
Charts Show Gold Sell-Off Could Get A Lot Uglier
From a technical perspective, the outlook for gold is looking increasingly bearish, according to analysis by Australia New Zealand Bank (ANZ), which says the recent sharp declines open the risk of much sharper corrections.
If the yellow metal slides below a key support level of $1,150, the selloff could accelerate to $1,030 or even $870 an ounce – levels not seen since 2008 during the global financial crisis, Victor Thianpiriya, commodity strategist, Asia at ANZ wrote.
(Read More: Has Gold Entered a Long Term Bear Market?)
"Closing near the lows of the month [June] underscores the risk of much deeper corrective declines… Caution is therefore, key," Thianpiriya said.
3-Month View of Spot Gold
"Volatility remains high. At times like this, the market can ignore fundamentals, and the technical picture takes on greater importance," he added.
Last week, gold fell to its lowest level since 2010 at $1,180, with losses in the precious metal amounting to 22 percent since the start of the aggressive selloff in mid-April.
(Read More: Gold Falls Through Production Cost Levels)
The yellow metal posted its worst quarterly performance on record, down 23 percent over the April-June period.
Relentless selling by exchange traded funds (ETFs) has been behind the poor performance of the precious metal in the recent months, outweighing physical demand for jewelry, bars and coins.
Thianpiriya noted that a close above $1,272 could turn the negative bias in gold around, and allow for a period of rebounds.
However, some strategists believe gold has entered a long term bear market, pointing a tapering of the Federal Reserve's unprecedented monetary stimulus alongside a benign global inflationary environment as major headwinds for the metal.
(Read More: History Warns: Gold Will Keep Falling)
Many banks have slashed their forecasts for gold in the recent weeks, the most recent being HSBC, which predicts that the average gold price will be $1,396 in 2013, down from $1,542.
Among the most bearish, however, is UBS, which warns that gold is at risk of becoming "obsolete" as the Fed winds down its stimulus program. It believes prices could fall to $1,150 in the coming 3 months.
Thursday, 9 May 2013
Iraqi Dinar-A Smart Investment For Smart People
Source by Iraqi Business News
URL: http://feedproxy.google.com/~r/IraqiBusinessNews/~3/0VgqnyJsMLA/
Iraqi dinar is a hot investment if investors act smartly, and level of investment doesn’t matter in this regard, whether you invest US$50 or US$500, 000, but you have to be careful to invest in Iraqi dinar securities. Investment practices never change; anyone can get the benefit of investing in Iraqi dinar at the time when dinar value appreciates. Iraqi dinar has a whole support of the government of Iraq and backed by proper budget. In this way, it’s sure that Iraqi dinar investment can become truly profitable and valuable anytime. For more detail Visit Here
More news about Iraqi Dinar RV and IQD currency updates please visit Iraqi Business News
Tuesday, 7 May 2013
Iraq Food Imports in 2012
Source by: Dinar Deal's Alert
URL: http://feedproxy.google.com/~r/DinarDealsAlert/~3/0BNnCe73nJ0/
Innocent Iraqi people came across a series of wars in the last 3 decades. They lost their beloved ones, but at the same time, they deprived of basic necessities of life. The Grain Board of Iraq GBI established a state-run food rationing system in 1990 to facilitate their citizens. Unites Nations applied trade sanctions on Iraq due to the aggressive political moves of formal ruler Saddam. The poorer citizens had to pay the penalty as they were starving of eating food items at that time. The food rationing system was put into place to allow the Iraqi people to get required quantities for almost no charge. More detail please read full story.
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