Monthly Archives: June 2009

June 30, 2009 Armageddon. Apocalypse. Disaster: These are the words being used to describe California‘s staggering $24 billion budget deficit. With a midnight deadline to balance the budget, state lawmakers are facing a daunting task: Find a way to bridge … Continue reading →

Five Banks Are Seized, Raising U.S. Failures This Year to 45 By Margaret Chadbourn June 27 (Bloomberg) — Five U.S. banks with total assets of about $1.04 billion were seized by regulators, pushing this year’s tally of failures to 45 … Continue reading →

Jun 25 2009 4:00PM The Fiat Currency Disease Yesterday the Federal Reserve completed the latest meeting of its Federal Open Market Committee.  It re-affirmed its plan to purchase by the end of the year some $1.8 trillion – yes, $1.8 … Continue reading →

By Moming Zhou, MarketWatch NEW YORK (MarketWatch) — Gold futures rose Friday, heading for their first weekly gain in four as a weaker U.S. dollar and record-low interest rates boosted the metal’s investment appeal. The dollar was under renewed pressure … Continue reading →

Roger Wiegand Editor Trader Tracks Newsletter The Jay & Rog Blog at webeatthestreet.com www.kitco.comJun 25 2009 12:42PM Gold Prepares For The Big One Longer term charts tell the tale and block out daily trading noise. This weekly chart with a … Continue reading →

Nick Vinocur London — Reuters, Thursday, Jun. 25, 2009 12:55PM EDT Gold climbed on Thursday, rising above $939 (U.S.) per ounce as investors found support from indications by the U.S. Federal Reserve that it was in no hurry to raise borrowing … Continue reading →

ChartingStocks.netTuesday, February 17, 2009 11:17 The Russian stock market collapsed today [June 17], causing the RTS and the Micex stock exchanges to suspend trading for one hour at 4:05 p.m. Moscow time.  The RTS stock index, which is denominated in … Continue reading →

June 23, 2009 The FDIC failed bank list is reporting 40 bank failures so far in 2009. To review the entire list, please click on this link: http://www.fdic.gov/bank/individual/failed/banklist.html Capital Gold Group, gold group, gold, gold prices, gold news, gold coins, … Continue reading →

Rally appears tired, but risk aversion could arrest fall Veronica Brown and Nick Vinocur LONDON — Reuters, Tuesday, Jun. 23, 2009 09:24AM EDT Gold rallied from a six-week low hit earlier in the global session, rising above $923 (U.S.) per ounce … Continue reading →