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Gold falls over $30 as Greek worries lift dollar
Gold futures fell more than $30 an ounce Wednesday with investors headed for the perceived safety of the U.S. dollar as concerns about a potential Greek exit from the euro took center stage once .
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Gold and other commodities Comex Gold Sells Of With Declines In Euro, Crude Oil
Sharp declines in the euro and crude oil prompted a sell-off in Comex gold in heavy volume, says George Gero.“Many reasons for sellers:
Few for buyers now,” he says. He cites a slowing Chinese economy, looming eurozone
economic weakness, downgrade of Japanese debt, upcoming three-day holiday weekend in the U.S., uncertainty about Greece and hopes that Iran may agree to nuclear inspections, which is adding to the pressure in crude oil.
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USA Do Tax Credits Encourage Work?
This refundable federal income tax credit of a few thousand dollars a year is paid to families with positive but low earned income (that is, wages or salaries) for a calendar year.
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Euro and Others EU hopes for the best, prepares for the worst on
Greece While renewed worries over a possible Greek exit weighed
on Europe's stocks, top EU politicians vowed solidarity with Greece but urged the country to live up to its promises.
The officials from the other 16 eurozone member states were instructed this week to "reflect" on what an exit would mean for their economies.
BOJ Shirakawa says monetary easing to continue to keep its monetary policy unchanged. Shirakawa suggested the bank will continue its virtual
zero-interest rate policy and asset-buying program to provide liquidity in the financial markets.
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