GGN- Economic News :: February 8, 2011 Part 1/2

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GGN- Economic News :: February 8, 2011 Part 1/2 Video Clips. Duration : 15.02 Mins.

We had a good read. For the benefit of yourself. Be sure to read to the end. I want you to get good knowledge from Today Mortgage Rates . Please SUBSCRIBE!!! * Please visit our website: www.ggnonline.com for more news commentary. * Please donate to GGN www.paypal.com because it would be greatly appreciated. Thank you. NEWS SUMMARY: (Reuters) - An appetite for riskier currencies strongly favored the euro versus the US dollar and Swiss franc on Tuesday, with more gains seen as slightly calmer headlines from the Middle East reduced the appeal of safe-haven currencies. - (Reuters) - Gold rose 1 percent on Tuesday to its highest in nearly three weeks on a combination of inflation fears, a weaker dollar. - (People's Daily) China, which became the world's largest gold producer since in 2007, retained its position again in 2010 by mining 340.88 tonnes, up 8.57 percent year on year, the China Gold Association said Sunday. - (Bloomberg) Natural gas futures declined to a six-week low on forecasts of moderating temperatures that may limit demand for the heating fuel. - (Reuters) - China raised interest rates on Tuesday for the second time in just over six weeks, intensifying a battle in the fast-expanding economy against stubbornly high inflation that threatens to unsettle global markets. HEADLINES WITH LINKS: Jim Rogers: "I expect more currency turmoil, more social unrest, more governments collapsing" (CNBC) bit.ly Euro gains vs US dollar, Swiss franc, as risk reigns reut.rs Analysis: Investors eye correction, defensive rotation reut.rs Stocks Climb on Takeovers, Faster Global Growth as US Treasuries Retreat bloom.bg ...

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