The dollar is under no threat. Really?

The US dollar has received a lot of bashing in recent times. And why not? The US economy is in the doldrums, unemployment is soaring and the deficit has widened all of which has put immense pressure on its currency. So much so that there have been voices in many quarters questioning the dollar's status as the world's reserve currency. China has been at the forefront suggesting that the US dollar should be replaced with another...

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There may be not 1 but 2 US economies

Few days back I posted and raised my doubt about the fake US economic growth and now few economists are also joining the chorus.Renowned economist Nouriel Roubini has an interesting take on the US economy. He is of the view that the official figures that point towards a slow recovery in the US are completely misleading to say the least. Infact, he prefers calling it two economies instead of one. The first one is the picture of...

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Small US banks may have Chinese owners

Life has indeed come a full circle for the Chinese. It was only a few years back that they were snubbed by the US authorities when its home grown oil giant CNOOC made a bold US$ 19 bn bid to acquire the California based US oil giant Unocal. But that was 2005 and this is 2009. While four years may not appear too much, a lot has indeed happened on the global financial landscape. The Empire of debt that was the US has seen its power...

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Gold to go only one way from here... Up!

Has the moment of truth arrived for gold prices? Are we staring at structurally high gold prices from now on till forever in the future? If the recent actions of the world's top producer of gold is any indication, you cannot help but answer in the positive to both the above questions. As per reports, Barrick Gold, the world's largest producer of gold is moving fast to completely close its hedging operations as it does not believe...

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KASHMIR CRISIS: History

We Indians of the farming tribes served the British Army faithfully but the British colluded with the people of business tribes and hypocritically divided our homeland leading us into the sectarian riots and bloodshed that could be avoided. India is the land of many tribes and is our motherland. We lived together peacefully and supported the British in the two world wars. Jatts, Pathans, Marhatta, are a few marshal tribes worth...

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Do We Really Die?

So many times I have discussed in my previous posts that there is nothing like solidity in the universe, what we think is solid is nothing but merely the vibrations of energy, it is not easy to believe because our logical mind does not let us think this way, but this is the scientific fact, a branch of Physics called Quantum physics exclusively...

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