GOLD

When and How Gold Will Begin its Bubble

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The bull market in Gold is in its 12th year (globally it began in 1999) but has yet to exhibit any bubble-like conditions. Institutional accumulation began in 2009 (e.g. Paulson, Einhorn) and we know that phase lasts at least a few years before a bull market gives birth to a bubble.

US stocks extend gains after ISM data

US stocks extend gains in early trade on Tuesday after a report showed that manufacturing activity rose at a faster pace than expected in January.
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Gold marks slight loss for day and month

Gold fell on Monday, notching its first monthly decline in six months, as strong U.S. factory and spending data coupled with fading worries about the euro zone debt crisis put a damper on the metal's rally.
Muslim women

In Russia's Muslim south, insurgency gains strength

Neiba scrapes out a meagre income selling soil-caked clumps of wild garlic she picks in the forests of Russia's poorest province -- an occupation a growing Islamic insurgency has made increasingly hazardous.

Tanzania puts Q3 GDP growth at 6.2 pct y/y

Tanzania's economy grew 6.2 percent in the third quarter of 2010 from 5.7 percent in the same period a year ago due to an improvement in construction, transport and communication sectors, data showed on Monday.

Stocks up on earnings, Euro rises on rate hopes

U.S. stocks rose on Monday on strong earnings and merger activity, overshadowing concerns about the possible spread of unrest in Egypt which had caused a sharp selloff in world stocks on Friday.

US Stocks Higher on Earnings, Consumer Spending

Dow Jones Index was up 21.99 points, or 0.19 percent, to 11,845.69 and the S&P 500 index rose 4.54 points, or 0.36 percent, to trade at 1,280.88. Meanwhile, Nasdaq gained 0.39 points, or 0.01 percent, to 2,687.28.
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Gold eases as Egypt rally loses steam

Gold eased on Monday after posting its largest daily gain in eight weeks on Friday and while the market did encounter some safe-haven buying on the back of the unrest in Egypt, this was expected to be temporary.

India gold may recover by March-end

Gold futures are likely to recover from their 13-week low this quarter and extend their rise further to breach 21,000 rupees by the end of the third quarter, analysts and importers said.

Egyptian protesters ransack Cairo museum, smash mummies

The mass anti-government protests in Egypt took a toll on Cairo’s Egyptian Museum that houses the world's largest collection of Pharaoh-era antiquities, when protesters shattered heads of two mummies and damaged about ten small artifacts on Saturday.

Central African Republic candidates say poll rigged

Rivals to Central African Republic leader Francois Bozize pulled their representatives off the election body on Saturday, alleging fraud after early partial results from last weekend's poll put Bozize in the lead.

Gold rises 2 percent as Egypt sparks safe-haven buying

Gold surged 2 percent on Friday, gaining as much as $40 per ounce in a knee-jerk rally as fears that unrest in Egypt would spread across the Middle East prompted safe-haven buying. It's the largest one-day gain in nearly two months.
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Gold steadies off 4-month lows, China demand to rise strongly

The China Gold Association estimates... that the demand for gold in the first half of the year will rise by 15 percent year on year, citing growing demand for alternative investments and protection against inflation, said Commerzbank in a note.
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Huge gold position liquidated by Hedge fund -WSJ

Hedge fund SHK Asset Management liquidated a U.S. gold futures position this week valued at over $850 million, more than 10 percent of the main U.S. futures market, the Wall Street Journal reported on Friday.

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