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Established in 2006 as a Community of Reality

Welcome to the Neno's Place!

Neno's Place Established in 2006 as a Community of Reality


Neno

I can be reached by phone or text 8am-7pm cst 972-768-9772 or, once joining the board I can be reached by a (PM) Private Message.

Established in 2006 as a Community of Reality

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Established in 2006 as a Community of Reality

Many Topics Including The Oldest Dinar Community. Copyright © 2006-2020


    Iraq oil preserves and enhances gains the safe haven of gold

    Rocky
    Rocky
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    Iraq oil preserves and enhances gains the safe haven of gold  Empty Iraq oil preserves and enhances gains the safe haven of gold

    Post by Rocky Tue 24 Jun 2014, 6:42 am

    Iraq oil preserves and enhances gains the safe haven of gold 




    24-06-2014 11:23 AM



    Arabs / 06/24/2014 Brent rises near $ 115 a barrel because of concerns over supply disruptions Iraq, gold jumps to its highest level with falling European stocks. LONDON - kept international oil prices on the gains of the remains of Brent crude yesterday near $ 115 a barrel amid fears of a possible supply disruptions from Iraq, where gunmen took years more sites border with Syria and Jordan at the weekend. said initial Hansen, senior commodities analyst at Saxo Bank said that "the price of oil making steady progress since the news on the ground is not encouraging. there is no real incentive for sale in those markets at the moment. " said analysts at Barclays Capital in a research note that although the Iraqi oil exports have not been affected so far, and the market is still absorbing the implications of the escalating violence that threatens the growth of production capacity target in the medium term in Iraq. Vary the effect of any warnings to stop Iraqi oil exports on oil prices, but the gathering gloom. He says Bank of America Merrill Lynch that the price of Brent crude could reach $ 160 a barrel if stopped Iraq's oil exports. Meanwhile, gold rose to its highest level in two months yesterday, with falling European stocks and the intensification of the crisis in Iraq, which boosted the attractiveness of the precious metal as a tool hedge against risk, but gains were limited in light of the weakness of the actual demand. Investors and moving to safe havens such as gold away from the risky asset in times of financial or political turmoil, while a weaker dollar makes metals denominated in the U.S. currency less expensive for investors than holders of other currencies.


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