Thursday, August 18, 2011

DailyMarkets.com - 401k Holders – Made Out Worse

DailyMarkets.com - 401k Holders – Made Out Worse

401k Holders – Made Out Worse

Posted: 18 Aug 2011 05:19 PM PDT

SmartStops comment:   Its disappointing to see that Fidelity puts out these kinds of stories, because god forbid,  people would actually  sidestep periods of great risk in markets.  Sure – if you pick the time period from Oct.2008-March 31,2009, you'll show a bad record vs. buy & hold. But  why does the mutual fund industry insist on hiding the other part of that data that has been published – about how missing the worst days of the … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards

Help Me Out Here….

Posted: 18 Aug 2011 04:44 PM PDT

On several CD posts over the last six months, I’ve described overzealous, intrusive, heavy-handed, oppressive government bureaucrats as the “licensing gestapo.”  In response to those posts, I’ve received private emails objecting to the use of the term “gestapo.” 

In an attempt to be provocative, have I crossed over the line into using “inflammatory” or “objectionable” language with the term “gestapo”?  To me, I have been using the term “licensing gestapo” in the same spirit as … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards

Hot Option Plays: Double Dip?

Posted: 18 Aug 2011 04:18 PM PDT

Cusick’s Corner
There was flight out of equities to the safety of metals, cash and bonds again today due to concerns of a double-dip recession both overseas and at home. Gold set new all-time highs near $1,830 an ounce. Increasing market volatility and the options Expiration drove high volume in the SPX that had a day low of 1,131.03, holding support of 1130 and later closing at 1,140.65. The CBOE Volatility Index (.VIX) was up 11.09 points to close 42.67. Tomorrow is Expiration Friday so … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards

Forex – EUR/USD Down During The Asian Session

Posted: 18 Aug 2011 04:10 PM PDT

Forexpros – The Euro was lower against the U.S. Dollar on Thursday.<br/><br/> EUR/USD was trading at 1.4313, down 0.14% at time of writing.<br/><br/> The pair was likely to find support at 1.4238, Monday&rsquo;s low, and resistance at 1.4518, Wednesday&rsquo;s high.<br/><br/> Meanwhile, the Euro was down against the British Pound and the Japanese Yen, with EUR/GBP shedding 0.03% to hit 0.8676 and EUR/JPY falling 0.03% to hit … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards

GM Developing Cadillac ELR

Posted: 18 Aug 2011 03:57 PM PDT

08/18/11 General Motors will develop its electric luxury vehicle. The Cadillac ELR is based on the Converj Concept, first unveiled in … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards

Exxon To Offload Malaysian Stakes

Posted: 18 Aug 2011 03:55 PM PDT

Oil giant ExxonMobil Corporation (NYSE:XOM) has entered into an asset sale agreement with Philippine conglomerate San Miguel Corporation ("SMC"). Per the deal terms, ExxonMobil will offload its stakes in three businesses operating in the Malaysian downstream petroleum sector for a total consideration of $610 million. The sale will facilitate the U.S.-based ExxonMobil to focus on its Malaysian upstream business, chemicals, lubricants and global business support
The deal, which is subject to the … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards

Hanger Retained At Neutral

Posted: 18 Aug 2011 03:55 PM PDT

We reaffirm our Neutral rating on orthotic and prosthetic (O&P) company Hanger Orthopedic (NYSE:HGR) following its second-quarter fiscal 2011 results. Adjusted earnings of 45 cents met the Zacks Consensus Estimate while profit zoomed 58% year over year owing to the combined impact of higher sales and lower relocation charges.
Revenues continue to climb at a double-digit pace, boosted by higher sales from the company's therapeutic solutions business, powered by the acquisition of … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards

Endo Pharma Ends Axomadol Deal

Posted: 18 Aug 2011 03:55 PM PDT

Endo Pharmaceuticals (NASDAQ:ENDP) recently announced that it has called off its partnership with German pharmaceutical company Grunenthal GMBH Grunenthal GMBH relating to  pain candidate axomadol. The development, license and supply deal was inked by the companies in February 2009 thus providing Endo Pharma exclusive right to develop and market axomadol in the US and Canada.
The decision followed the disappointing showing of axomadol in a mid-stage trial (n=236). Top-line results from the … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards

E*TRADE’s July DARTs Surge

Posted: 18 Aug 2011 03:35 PM PDT

Online broker E*TRADE Financial Corporation (NASDAQ:ETFC) released its Monthly Activity Report for July 2011 on Wednesday, recording a sequential as well as year-over-year rise in average U.S. trades.
For the reported month, Daily Average Revenue Trades (DARTs) were 144,023, up 11% sequentially and 12% year over year. Broker performance is generally measured through DARTs. DARTs represent a number of trades from which brokers can expect commissions or fees.
At the end of the month, total accounts … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards

MetroPCS Offers Unlimited Music

Posted: 18 Aug 2011 03:35 PM PDT

One of the leading wireless providers in the U.S., MetroPCS Communications (NYSE:PCS) has rolled out unlimited music plans for its subscribers. The company joined hands with subscription music provider Rhapsody to offer unlimited access to 12 million tracks.
The offer comes with unlimited voice, text and data plan on Google's (NASDAQ:GOOG) Android-based smartphones for $60 per month.
The company's latest plan is inspired by the success story of Muve Music, a unlimited music plan offered by Cricket … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards

Forex – NZD/USD Down In Asian Trade

Posted: 18 Aug 2011 03:35 PM PDT

Forexpros – The New Zealand Dollar was lower against the U.S. Dollar on Thursday.<br/><br/> NZD/USD was trading at 0.8206, down 0.10% at time of writing.<br/><br/> The pair was likely to find support at 0.8196, today&rsquo;s low, and resistance at 0.8426, Wednesday&rsquo;s high.<br/><br/> Meanwhile, the New Zealand Dollar was up against the Australian Dollar and down against the Euro, with AUD/NZD shedding 0.24% to hit 1.2619 and EUR/NZD rising … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards

The Day Ahead: Options Expiration; Global Data – China’s Flash Business Sentiment Survey, German PPI, Canadian CPI

Posted: 18 Aug 2011 10:20 AM PDT

08/18/11 The stories, data, and stocks that may have the greatest impact during the next trading … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards

Stock Watch List For Friday, Aug 19

Posted: 18 Aug 2011 03:08 PM PDT

( click to enlarge )

Despite the general market’s weakness, Sodastream International Limited (SODA) made an impressive turnaround and rallied almost 2.37% to close the day at $39.72. Resistance for Friday's move is $40.4, which reflects Thursday's high of the day. If the stock can break through resistance, we will have a two-bar reversal, which is very bullish for an upside move. Keep a close eye on SODA for Friday.

( click to enlarge )

Netflix, Inc. (NASDAQ:NFLX)  closed below its … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards

Regal Beloit Proceeds With Acquisition

Posted: 18 Aug 2011 03:00 PM PDT

Regal Beloit Corporation (NYSE:RBC) has received the green signal from the U.S. Department of Justice to proceed with the acquisition of 100% of the stock and assets of Electrical Products Company (“EPC”) from A.O. Smith Corporation (NYSE:AOS).
Based in Tipp City, Ohio, EPC manufactures and sells a full line of motors for hermetic, pump, distribution, heating, ventilation and air conditioning (HVAC) and general industrial applications.
In order to obtain the above approval, Regal Beloit had to comply … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards

Cautious Outlook On Frontier

Posted: 18 Aug 2011 03:00 PM PDT

We are maintaining our long-term Neutral rating on Frontier Communications Corp. (NYSE:FTR) following its second quarter results.
Frontier's earnings missed the Zacks Consensus Estimate by a penny and declined from the year-ago earnings. However, revenue more than doubled on the back of West Virginia operations acquired from Verizon Communications' (NYSE:VZ) fixed-line business.
Frontier's high-speed Internet and satellite TV subscriber bases are expanding on aggressive bundled service … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards

European Watchdog OKs Pfizer Drugs

Posted: 18 Aug 2011 03:00 PM PDT

It has been an eventful week at Pfizer Inc. (NYSE:PFE) with the European Medicines Agency (EMA) accepting the company's regulatory submissions of two pipeline candidates – crizotinib, being evaluated for the treatment of patients with previously treated ALK-positive advanced non-small cell lung cancer (NSCLC); and bosutinib being investigated for the treatment of adult patients with newly diagnosed Philadelphia chromosome positive (Ph+) chronic myeloid leukemia (CML).
For crizotinib, Pfizer … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards

Jobs Not Cuts

Posted: 18 Aug 2011 02:50 PM PDT

Still Negative On PMI Group

Posted: 18 Aug 2011 02:30 PM PDT

We are retaining our Underperform recommendation on PMI Group Inc. (NYSE:PMI) as the company continues to report losses. PMI Group's second-quarter operating loss was worse than the Zacks Consensus Estimate and widened year over year as the company continued to suffer mortgage losses.
To add to its woes, PMI Group is not able to sell new policies. Arizona-based PMI Mortgage Insurance Co., the main subsidiary, is short of funds, which is required to meet regulatory requirements in Arizona. As … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards

Allos Therapeutics Starts Cancer Study

Posted: 18 Aug 2011 02:30 PM PDT

Recently, Allos Therapeutics Inc. (NASDAQ:ALTH) announced the commencement of a late-stage registrational study (n=549: PDX-017) to evaluate its drug Folotyn in patients with previously undiagnosed peripheral T-cell lymphoma (PTCL).
Allos intends to study those patients in the trial who have achieved an objective response on being initially treated with CHOP (cyclophosphamide, doxorubicin, vincristine, and prednisone)/CHOP-like regimen.
We remind investors that Folotyn, Allos' sole marketed … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards

H-P Reports, Plans To Sell PC Biz

Posted: 18 Aug 2011 02:05 PM PDT

A funny thing happened on the way to tech giant Hewlett-Packard’s (NYSE:HPQ) fiscal 3rd quarter 2011 earnings report, which was supposed to have come out after the closing bell Thursday. When reports leaked that H-P was planning to spin-off its PC business and was seeking to purchase British-based software firm Autonomy for $10 billion, this forced the company to report earlier than expected.

Confirmed by Hewlett-Packard was that it is indeed spinning off its entire PC business — on both the … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards

Sallie Mae’s Rating Outlook Upped

Posted: 18 Aug 2011 02:05 PM PDT

The rating outlook of SLM Corp. (NYSE:SLM), commonly known as Sallie Mae, has been raised to “stable” from “negative” by Moody’s Investors Services, a unit of Moody's Corp. (NYSE:MCO). Better operating performance as well as an expansion in student loans were the driving factors for this rating outlook upgrade.
Sallie Mae’s senior unsecured debt rating was affirmed at “Ba1″ by the rating agency. Such a rating reflects the highest non-investment grade. Corporate family rating of “Ba1″ was assigned … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards

PFG Authorizes $200M Buyback Plan

Posted: 18 Aug 2011 02:05 PM PDT

Principal Financial Group, Inc. (NYSE:PFG) announced that its board of directors has authorized a buyback of $200 million of common stock.
The new authorization is part of the company's strategy to deploy up to $400 million of capital for acquisitions or share buybacks in the second half of 2011, taking its full year 2011 capital reserved for these purposes to $1 billion.
Earlier, in May 2011, the board of directors had authorized a buyback of $250 million of common stock, which the company … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards

Closing Bell Market Monitor: HPQ, DLTR, NTAP

Posted: 18 Aug 2011 02:00 PM PDT

08/18/11 The latest in news, commentary, and information on what’s moved the US equities markets just after the NYSE closing bell including: weak manufacturing data, a steep sell-off in financials & gold rising to another record … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards

Forex – EUR/USD Down At The End Of U.S. Session

Posted: 18 Aug 2011 01:55 PM PDT

Forexpros – The Euro was lower against the U.S. Dollar on Thursday after the release of U.S. data on Philadelphia Fed Manufacturing Index.<br/><br/> EUR/USD was trading at 1.4336, down 0.63% at time of writing.<br/><br/> The pair was likely to find support at 1.4238, Monday&rsquo;s low, and resistance at 1.4518, Wednesday&rsquo;s high.<br/><br/> Earlier in the day, official data showed that Manufacturing activity in the state of Philadelphia fell … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards

Bronx Cheer Time?

Posted: 18 Aug 2011 01:48 PM PDT

After only a minor lull, our cheerleader-in-chief is back in action.
“Obama: No ‘Double Dip’ Recession Likely” (UPI)
U.S. President Barack Obama says the chances for another recession are not likely and he is going all out to help create more jobs and economic growth.
Obama spoke to CBS News senior business correspondent Anthony Mason Wednesday before and after he held a town meeting in Atkinson, Ill., to wrap up a three-day bus trip across the Midwest.
“I don’t think we’re in danger of … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards

Marsh & McLennan’s Buyback Swells

Posted: 18 Aug 2011 01:40 PM PDT

Yesterday, the board of Marsh & McLennan Companies Inc. (NYSE:MMC) announced the authorization and approval of its stock repurchase program of $500 million, thereby expanding it to $1.0 billion. However, no time limit has been decided for execution of the plan.
In September last year, the company had sanctioned a $500 million stock buyback plan. Accordingly, Marsh & McLennan repurchased about 7.8 million shares of its common stock for $235 million during the second quarter of … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards

Forex – USD/JPY Down Toward The End Of U.S. Session

Posted: 18 Aug 2011 01:40 PM PDT

Forexpros – The U.S. Dollar was lower against the Japanese Yen on Thursday after the release of U.S. data on Philadelphia Fed Manufacturing Index.<br/><br/> USD/JPY was trading at 76.56, down 0.06% at time of writing.<br/><br/> The pair was likely to find support at 76.41, Wednesday&rsquo;s low, and resistance at 77.08, Monday&rsquo;s high.<br/><br/> Earlier in the day, official data showed that Manufacturing activity in the state of Philadelphia … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards

Insurance Cos Cut Lobbying Costs

Posted: 18 Aug 2011 01:35 PM PDT

Lobbying expenses declined for most health insurance companies, such as Humana Inc. (NYSE:HUM) and Aetna Inc. (NYSE:AET), in the second quarter of 2011.
Particularly, Humana spent only $180,000 on lobbying, which was only two-thirds of the amount spent on lobbying in the year-ago quarter and 65% of the amount spent in the first quarter of 2011, in the second quarter of the year.
Most of the costs were focused on the health-care reform bill passed last year, the FIT Kids Act, the Small Business … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards

Mylan And Endo In Legal Tussle

Posted: 18 Aug 2011 01:35 PM PDT

Mylan Inc. (NYSE:MYL) recently announced that Endo Pharmaceuticals (NASDAQ:ENDP) filed a patent infringement lawsuit in connection with an abbreviated new drug application (ANDA) filed by Mylan with the US Food and Drug Administration (FDA) for the generic version of Endo's acute migraine drug Frova.
Mylan believes it is the first company to file an ANDA for generic Frova and is expecting to be granted 180 days of marketing exclusivity once approved. Frova generated revenues of approximately $68.2 … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards

Life Technologies Remains Neutral

Posted: 18 Aug 2011 01:35 PM PDT

Recently, we reaffirmed our Neutral recommendation on Life Technologies (LIFE) with a target price of $41.00.
Life Technologies reported an EPS of 89 cents in the second quarter of fiscal 2011, missing the Zacks Consensus Estimate by 5 cents and 2 cents lower than the year-ago quarter.
Revenues increased 4% year over year to $945 million, missing the Zacks Consensus Estimate of $961 million. Excluding the impact of foreign exchange movement, revenue growth for the quarter was 3%. On a … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards

Forex – EUR/USD Down Toward The End Of U.S. Session

Posted: 18 Aug 2011 01:25 PM PDT

Forexpros – The Euro was lower against the U.S. Dollar on Thursday after the release of U.S. data on Philadelphia Fed Manufacturing Index.<br/><br/> EUR/USD was trading at 1.4339, down 0.60% at time of writing.<br/><br/> The pair was likely to find support at 1.4238, Monday&rsquo;s low, and resistance at 1.4518, Wednesday&rsquo;s high.<br/><br/> Earlier in the day, official data showed that Manufacturing activity in the state of Philadelphia fell … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards

U.S. Markets Close Lower; Dow Jones Down 3.68%

Posted: 18 Aug 2011 01:15 PM PDT

Forexpros – U.S. stocks were down after the closing bell on Thursday.<br/><br/> At the close of U.S. trade, the Dow Jones Industrial Average fell 3.68%, the S&P 500 index shed 4.46%, while the Nasdaq 100 index declined 4.98%.<br/><br/> Earlier in the day, official data showed that Manufacturing activity in the state of Philadelphia fell unexpectedly to a seasonally adjusted -30.7 last month from 3.2 in the preceding month.<br/><br/>Analysts had expected … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards

Analog Devices Misses Estimates

Posted: 18 Aug 2011 01:06 PM PDT

Analog Devices' (NYSE:ADI) fiscal third quarter earnings missed the Zacks Consensus Estimate by 2 cents, or 2.7%. Revenue also fell short of expectations, missing by around 2.9%.
Results were generally disappointing, missing management expectations on the top line and just about making it on the bottom line. Weaker revenue and margins and a higher tax rate contributed to the results.
Analog Devices has been exceeding expectations in the last few quarters and the miss in the last quarter was more … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards

Statoil To Boost Volumes At Asgard

Posted: 18 Aug 2011 01:06 PM PDT

Norwegian oil and gas company Statoil ASA (NYSE:STO), along with its partners, plans to invest around 15 billion kroner ($2.7 billion) to construct a subsea compression system at the Asgard B platform.
According to Statoil, natural pressure from the project is expected to lower with time, making it difficult to maintain a stable flow and a high production profile. The company has thus proposed to compress gas on the seabed, which is expected to boost production and at the same time compensate for … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards

United To Roll Out Boeing 787

Posted: 18 Aug 2011 01:06 PM PDT

One of the leading air carriers, United Continental Holdings (UAL) announced its plans to deploy its first Boeing 787 Dreamliner aircraft in early 2012.  This is the first of the 50 Dreamliners that the company plans to deploy.
United Continental will become the first U.S. airline to receive the Boeing 787. This milestone move will take the company a step ahead of its peers Delta Air Lines Inc. (NYSE:DAL) and AMR Corporation (NYSE:AMR).
Boeing 787 will be equipped with improvised features like … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards

U Of C Implements Omnicell Solutions

Posted: 18 Aug 2011 01:06 PM PDT

Omnicell, Inc. (NASDAQ:OMCL), a leading developer and marketer of end-to-end automation solutions for the medication-use process, recently announced that the University of Chicago Medical Center (UCMC) will deploy its solutions for developing a decentralized drug dispensing model.
The solutions include Omnicell Inventory Management Carousels with WorkflowRx software for comprehensive medication inventory management and Omnicell automated dispensing systems like OmniRx G4 Automated medication … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards

Forex – GBP/USD Down During The U.S. Session

Posted: 18 Aug 2011 12:55 PM PDT

Forexpros – The British Pound was lower against the U.S. Dollar on Thursday after the release of U.S. data on Philadelphia Fed Manufacturing Index.<br/><br/> GBP/USD was trading at 1.6515, down 0.18% at time of writing.<br/><br/> The pair was likely to find support at 1.6257, Monday&rsquo;s low, and resistance at 1.6590, Wednesday&rsquo;s high.<br/><br/> Earlier in the day, official data showed that Manufacturing activity in the state of … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards

Mortgage Rates Fall To Record Low Levels: Monthly Payments On A Median Price Home Only $677

Posted: 18 Aug 2011 12:36 PM PDT

Based on data released today by Freddie Mac:

1. Rates for the 30-year fixed mortgage fell to a new all-time historic low this week of 4.15%, which is slightly below previous record low for the 30-year rate in mid-November of last year of 4.17% (see top chart above). 

2.  The average fixed rate for 15-year mortgages fell to 3.36%, the lowest rate in the history of this series, which started in 1991 (see middle chart).   

3. The rate for one-year adjustable mortgages … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards

Invesco Unveils 20M Stock Offering

Posted: 18 Aug 2011 12:35 PM PDT

On Wednesday, Atlanta, Georgia-based real estate investment trust Invesco Mortgage Capital Inc. (IVR) announced its plan to offer 20 million shares of common stock. During the height of volatility in equity markets, this offering announcement reflects management's expectation of a slowdown in stock market in the near future. As a result, the company is raising capital now to fund acquisitions at cheaper prices in future.   
Underwriters will be permitted a 30-day option to … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards

Ross Meets EPS, Sales Climb

Posted: 18 Aug 2011 12:35 PM PDT

Ross Stores Inc. (NASDAQ:ROST) reported earnings of $1.28 per share for second-quarter 2011, in line with the Zacks Consensus Estimate. Earnings grew 20.0% from the prior-year figure of $1.07 primarily due to the company’s aptitude in providing attractive brand name bargains to customers who value both quality and price.
Financial Details
Net sales for the quarter increased 9.0% to $2,089.0 million from $1,911.8 million in the prior-year quarter, beating the Zacks Consensus Estimate of $2,075.0 … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards

Forex – USD/CHF Up In U.S. Trading Hours

Posted: 18 Aug 2011 12:30 PM PDT

Forexpros – The U.S. Dollar was higher against the Swiss Franc on Thursday after the release of U.S. data on Philadelphia Fed Manufacturing Index.<br/><br/> USD/CHF was trading at 0.7932, up 0.40% at time of writing.<br/><br/> The pair was likely to find support at 0.7770, Tuesday&rsquo;s low, and resistance at 0.8017, Wednesday&rsquo;s high.<br/><br/> Earlier in the day, official data showed that Manufacturing activity in the state of Philadelphia … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards

Gold’s Sun Also Rises In The East

Posted: 17 Aug 2011 10:00 PM PDT

During the second quarter, gold's rising value didn't deter Chinese and Indian buyers. In its webcast, the World Gold Council (WGC) said these "predominant drivers" of gold demand accounted for "52 percent of bars and coins and 55 percent of jewelry demand." China's demand grew 25 percent, while India saw an increase of 38 percent. WGC attributes this growth to "increasing levels of economic prosperity, high levels of inflation and forthcoming key gold purchasing … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards
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