Monthly Archives: June 2008

17 June 2008 Mumbai: Iran has withdrawn around $75 billion from Europe after the European Union threatened sanctions on Iran, possibly targeting the oil and gas sectors, over Tehran’s disputed nuclear program, an Iranian weekly said. The Iranian move is … Continue reading →

Lehman Posts $2.8 Billion Loss By SUSANNE CRAIGJune 17, 2008; Page C1 For weeks, frustrated investors of Lehman Brothers Holdings Inc. have been asking for Chief Executive Officer Richard S. Fuld Jr. to answer questions about the Wall Street firm’s dismal performance … Continue reading →

Jun 12 2008 3:37PM The bigger picture for gold is well viewed on the weekly chart. The correction steps have dampened enthusiasm, but they have not changed the bull uptrend. The hyperbolic rise from last August to March has not … Continue reading →

Ten Phony Reasons To Sell Gold and Silver Now Commentary by Roger Wiegand Editor, TraderTracks Newsletter Jun 11 2008 11:42AM “The economy is in an inflationary recession denied by most central banks and in our market manipulation capitals of Washington … Continue reading →

NEW YORK (MarketWatch) — Macro economic data and the U.S. Federal Reserve Bank’s swift loosening in monetary policy underline the risk that the U.S. economy is on the brink of, or already in, recession. Not surprisingly, consumers are distinctly less … Continue reading →

NEW YORK (MarketWatch) — Gold futures rose sharply Wednesday, boosted by rising oil prices and a decline in the U.S. dollar against other major currencies. Gold for August delivery surged $14.30 at $885.50 an ounce on the New York Mercantile … Continue reading →

Qatar’s Top Selling English Daily NewspaperPublished Tuesday, 10 June, 2008; 06:18 AM Doha TimeDUBAI: Strong gold prices are unlikely to put the brakes on imports of the precious metal into Dubai, despite a recent fall in purchases by the Gulf … Continue reading →

Gold continues to rule firm on higher global cues 9 Jun, 2008, 1943 hrs IST, PTI MUMBAI: Gold prices continued to rule firm for the third day on the bullion market on sustained buying by stockists in view of positive … Continue reading →

       TORONTO, June 9 /CNW/ – ScotiaMocatta, the precious metals arm of ScotiaCapital, a division of the Scotiabank Group, has announced that it has beengranted membership as a Foreign Financial Member of the Shanghai Gold Exchange(SGE), China’s leading precious metals … Continue reading →

DOW FALLS OVER 400 PTS. TO NEW 2 MONTH LOW  NASDAQ DOWN 3% TODAY – BIGGEST DROP IN 4 MONTHSOIL AT FRESH RECORD HIGH – UP $10.75 TODAYGold Surges Most in Six Months on Jobs Data, Dollar’s Slump By Millie … Continue reading →