GGN-Economic News:: February 8, 2011 Part 1 / 2

Please SUBSCRIBE! * Please visit our website for more www.ggnonline.com comment on the reports. * Please donate to GGN www.paypal.com, because it would be greatly appreciated. Thanks. News Summary (Reuters) - an appetite for riskier currencies strongly favors the euro against the U.S. dollar and Swiss franc on Tuesday, with gains seen over the titles from more peaceful Middle East, reducing the appeal of safe-haven currencies. - (Reuters) - Gold rose 1 percent on Tuesday to its highestalmost three weeks on a combination of fears of inflation, a weaker dollar. - (People's Daily) China, the world's leading producer of gold, was there in 2007, has maintained its position in 2010 with mining 8.57 percent to 340.88 tonnes compared to last year, said the China Gold Association Sunday. - (Bloomberg) natural gas futures fell to a six-week low on forecasts moderate temperatures, may limit the demand for fuel. - (Reuters) - China raised interest rates Tuesday for thethe second time in just over six weeks, intensifying the battle against the fast-growing economy stubbornly high inflation, which threatens to disrupt global markets. LINKS News: Jim Rogers: "I expect more monetary turbulence, more social unrest, most governments are collapsing" (CNBC) bit.ly € victories against the U.S. dollar, Swiss franc as risk analysis, we Reut . rs: Investors-eye correction, defensive rotation reut.rs rise in share acquisitions, Faster Global Growth as U.S. Treasuries Retreatbloom.bg ...