Mississauga, ON -- (SBWIRE) -- 02/29/2016 -- AllPennyStocks.com Media, Inc. (http://www.AllPennyStocks.com/) announces its latest article titled "Calibre Mining Commences Drilling Program at the Eastern Borosi Project."
Companies mentioned in this article include Calibre Mining Corp. (TSX-Venture:CXB).
Article Excerpt:
Gold prices have risen sharply today as investors pour money into safe haven assets amid ongoing concerns over the state of the global economy. Earlier today, Chinese markets fell sharply amid concerns that the world's second-largest economy is continuing to struggle.
Shortly after market close, the People's Bank of China (PBoC) once again announced a cut in its reserve requirement ratio. This is the latest in a number of measures announced by the PBoC to provide support to the Chinese economy.
The PBoC is not the only major central bank that is implementing an expansionary monetary policy. Central banks in Japan and Switzerland, and the European Central Bank (ECB) have announced radical measures in recent weeks, including negative deposit rates. Even the Federal Reserve has toned down its hawkish stance. In fact, analysts now believe that the Fed will hike benchmark interest rates only once this year.
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http://www.allpennystocks.com/aps_ca/special-reports/581/calibre-mining-commences-drilling-program-at-the-eastern-borosi-project.htm
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