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Buy, Sell or Hold: BHP Billiton is Poised to Pick Up Big Gains on the Back of a Global Commodities Bull

By , Contributing Editor, Money Morning -

Face it, commodity prices are in a secular rally - and there are three big reasons why.

  • Loose Monetary Policy
  • Growing Demand in Emerging Markets
  • And the Congruent Devaluations of Major CurrenciesWe've already profited from this inflationary trend in the Money Map VIP Trader.  And - just like I did with the broadband revolution - today I am presenting you with a stock that stands to benefit from these developments - BHP Billiton Ltd. (NYSE ADR: BHP).
First, let's talk about policy. Immediately following the 2008 financial crisis, the Group of 20 (G20) countries agreed to stimulate their economies simultaneously.  And, while the emerging economies almost unanimously have already returned to strong rates of growth, most advanced economies are just now turning the corner.

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Pound Sterling Plummets as the Chance for a BOE Rate Cut Improves

By , Managing Editor, Money Morning -

By Jason SimpkinsAssociate Editor The British pound fell to a 22-month low yesterday (Wednesday), after the Bank of England (BOE) offered a gloomy outlook for the U.K. economy and the chance of an interest rate cut increased. The pound fell to $1.8656 yesterday – its lowest level since October 2006 – from 1.8968 the day […]

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Bank of England Announces $100 Billion Banking Rescue

By , Money Morning -

By Jennifer YousfiManaging Editor In an effort to restore liquidity to the U.K. financial markets, the Bank of England (BOE) yesterday (Monday) announced a $100 billion (50 billion pounds) rescue plan. The plan, similar to the U.S. Federal Reserve's lending initiative, will allow U.K. banks to swap illiquid mortgage-backed assets for government bonds. The BOE […]

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BOE Cuts Rate, ECB Holds Steady

By , Money Morning -

By Jennifer YousfiManaging Editor The Bank of England (BOE) cut its interest rate 25 basis points to 5.0% yesterday (Thursday) while the European Central Bank (ECB) held its rate steady at 4.0%. The move by the BOE’s Monetary Policy Committee (MPC) was the third quarter point rate reduction since December as the United Kingdom faces […]

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Bank of England Sheds a Quarter Point From Its Benchmark Rate; ECB Wavers

By , Money Morning -

By Mike Caggeso Associate Editor The Bank of England's nine-member Monetary Policy Committee cut its benchmark interest rate by a quarter point to 5.25% yesterday (Thursday), in an attempt to fight off the country's slowing consumer spending and precipitously falling housing prices. "In the United Kingdom, credit conditions for households and businesses are tightening. Consumer […]

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