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From zerohedge.com|2 hr 28 min agoTwenty-five years ago today, two Nobel laureate economists and a famous bond trader received a $3.65bln bailout from fourteen financial institutions at the behest of the Federal Reserve. LTCM had delivered a 21% net return in its first year. 43% in the second. 41% in the third. Greed, hubris, leverage, illiquidity, and lack of imagination led to the ...
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From perthmint.com|Sep 21, 2023The Perth Mint has delivered another strong full-year performance to underscore the organisation’s status as a partner of choice across the gold and precious metals sectors. The Mint reported a profit before tax of $52.67 million for the year to 30 June 2023, amid sustained demand worldwide for gold and precious metals over much of the year. Net profit ...
- From theaureport.com|Sep 21, 2023
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