News links for 8 Apr 2013
China Buys 1 Million Tons U.S. Wheat After Price Drops - Bloomberg
"China, the world’s biggest consumer of wheat, bought almost 1 million metric tons from the U.S. as prices slumped 30 percent from a four-year high reached in July, state-owned researcher grain.gov.cn said. Wheat jumped as much as 1.4 percent after the news."
Trust in Gold Not Bernanke as U.S. States Promote Bullion - Bloomberg
"Distrust of the Federal Reserve and concern that U.S. dollars may become worthless are fueling a push in more than a dozen states to recognize gold and silver coins as legal tender.Lawmakers in Arizona are poised to follow Utah, which authorized bullion for currency in 2011. Similar bills are advancing in Kansas, South Carolina and other states."
Bericht: Deutschland s...
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Edward Harrison is the founder of Credit Writedowns and a former career diplomat, investment banker and technology executive with over twenty five years of business experience. He has also been a regular economic and financial commentator in print and on television for the past decade. He speaks six languages and reads another five, skills he uses to provide a more global perspective. Edward holds an MBA in Finance from Columbia University and a BA in Economics from Dartmouth College.