Near-term support lines up at $1773.05, the 61.8% barrier reinforced by a minor rising trend line, with a break below that targeting $1755.50. Spot Silver (NY Close): $34.96 // +0.80 // +2.34% While the outlook for silver hinges on the precarious balance between alternative store of value demand and the direction of the US Dollar along similar lines to gold, the generally more speculative nature of the cheaper metal is likely to make it less attractive as a safe haven unless the likelihood of QE3 appears to grow.
The big news, of course, is the data out of China. Both the June Consumer Price Index and Producer Price Index showed signs of further deterioration, suggesting of course that there could be a slower pace of investment into China (or deflation, but that seems to be a stretch at this point)...
But the group said its 2011 profits amount to 4.17 a month per customer account and its bills remain below the current national average. Furthermore, RWE's total investment in the UK since 2009 of 3.4 billion is now more than Npower's combined 2 billion profits since 2006.
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I can also plan ahead for goals such as retirement, and funding the kids college and getting out of debt. It keeps me honest with myself and gives me a good picture of where Ive been.
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Recent history supports this view as well. The second story says that the employment gains at the end of last year and first months of this year are the end of what you might call the productivity give-back.Texter said the current situation was born out of a gentlemans agreement struck decades ago between the city and school district. At that time, officials said the tax generated about $1 million each year.