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Master Figor = ladyta = EuroKingss is in fact one person in eToro Chat who is nothing more than a big fat liar and scammer. He is backed up by another user named Chethanravindra who praise the master figor and himself and actually have trading guru dreams. Bellow are some screenshots where you can see [...]

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The price of gold hit a fresh all time high of $1,900 an ounce on Tuesday as investors continued to fret over the sovereign debt crisis in the euro zone and its impact on the global banking industry. Having risen by a third since the beginning of 2011 and nearly fivefold since 2004, one analyst [...]

Greece’s parliament will say ‘yes’ to an austerity package, says Ray Attrill of BNP Paribas, a decision that will push the euro-dollar up towards the 1.45 level. The euro was holding at 1.43 against the U.S. dollar in early Asian trade on Wednesday, after getting a boost overnight on hopes for a resolution to the [...]

Billionaire investor George Soros thinks a country will eventually exit the euro zone and urged policymakers on Sunday to come up with a “plan B” that could rescue the European Union from looming economic collapse. Soros, famous for making $1 billion by betting against the British pound in 1992, did not name any country he [...]

New capital requirements proposed by global regulators demanding that the biggest banks hold extra capital by 2019 will bring about a new recession, Rochdale’s vice-president for equity research Dick Bove wrote in a weekend market note. “The legislators and regulators never understood what caused the financial crisis,” Bove wrote. On Saturday, the Group of Governors [...]

Sales of existing homes fell 3.8 percent in May, not as deep a drop as some had forecast, to a seasonally adjusted annual rate of 4.81 million units. April’s figure was revised down to 5 million. Potential homebuyers continue to be held back by tough credit standards and poor confidence. Sales activity was 15.3 percent [...]

Bring back the drachma! Let Greece drop out of the euro for a while and give the Greek economy the chance to recover. Back to the good old days of soft currency and depreciation … I’ve heard this mantra chanted by die-hard “one-size-fits-all-doesn’t-work”-ites a trillion times before and I can’t say that I believe it [...]

Fundamental Analysis – an Introduction Fundamental analysis is the study of financial, economic, social, political and crisis data; that together forms the total economic situation of a particular economy for the purpose of forecasting future price movements. As stated in the Technical analysis section, there are indeed two basic schools of thought when it comes [...]