GOLD RESERVE ACT OF 1934
Act that took away title to all gold and gold certificate held by the Federal Reserve Bank. These were transferred to the US Treasury. Trading and owning gold is a criminal offense under the act. In 1975, Americans were allowed again to posses to trade gold.
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Lease Rate
The interest rate; payment made in a certain period indicated in the lease contract for renting an asset like a property or an automobile. The leas ...
Bandwagon Effect
A psychological phenomenon in which people do something mainly because others are doing it, regardless of their personal beliefs, which they may ov ...
Harvest Strategy
A strategy in which investment in a particular line of business is reduced or eliminated because the revenue brought in by additional investment wo ...
Discount House
A firm that buys, sells, discounts and/or negotiates bills of exchange or promissory notes. It is mainly operating in the U.K.
Economic Growth Rate
Gauge of economic growth from one period to another, expressed in percentage. The measure does not adjust for inflation, it is expressed in nominal ...
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SEE FOREX TUTORIAL
Retirement Planning: Maximizing the Power of Compounding
“The early bird catches the worm.” – William Camden
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Most of the students mull over the idea of maximizing the federal loan availability first before borrowing for college through a private loan. Norm ...
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Digesting Financial Statements: Earnings
For assessing how a company performed in a given period, the relation between income and cash flow statements should be taken into account. Several ...
ECONOMIC CALENDAR
Time | Country | Indices | Period |
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02:00 | MI Inflation Gauge | Jan | |
02:30 | Retail Sales | Dec | |
09:00 | Factory Orders | Dec | |
11:30 | Construction PMI | Jan | |
11:30 | Sentix Investor Confidence | Feb | |
12:00 | Retail Sales | Dec | |
17:00 | Ivey Purchasing Managers Index | Jan | |
21:00 | Loan Officer Survey | ||
01:30 | Average Cash Earnings | Dec |