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Egon von Greyerz

Egon von Greyerz (EvG): Founder and Managing Partner of Matterhorn Asset Management AG & GoldSwitzerland – EvG forecasted the current economic problems over 12 years ago. In 2002 (gold $300/ oz.) MAM recommended to its investors to put 50% of their investment assets into physical gold stored outside the banking system…

Macau billionaire in U.N. bribery case gets $50 million bail

By Nate Raymond NEW YORK (Reuters) – A billionaire real estate developer from Macau accused by U.S. authorities of bribing a former United Nations General Assembly president won the right on Friday to leave jail on a $50 million bond and live under house arrest in a luxury Manhattan apartment. Daniel Richenthal, the prosecutor, said the government may appeal the $50 million bail decision, having argued Ng “has every reason

EPA launches probe into benefits of biofuels program

By Chris Prentice CHICAGO (Reuters) – The U.S. Environmental Protection Agency’s in-house investigators have launched a review of the environmental benefits stemming from the country’s decade-old program requiring the use of corn-based ethanol in gasoline. The investigation, to be conducted by the Inspector General for EPA, will examine whether the agency has complied with reporting requirements and is using recent research on the full environmental impacts of the Renewable Fuel