Monthly Archives: March 2010

SINGAPORE: Gold consumption in China may double within the next 10 years, boosting prices as supplies fail to keep pace with booming demand from investors and the jewelry industry, the World Gold Council said. “China has an insatiable appetite for … Continue reading →

Published: Tuesday, 27 Oct 2009 | 12:34 PM ET The stock market has become overheated since exploding off its March lows and could be in for a strong correction, economist David Rosenberg told CNBC. “It is overvalued by at least … Continue reading →

Aoife White, AP Business Writer, On Wednesday March 24, 2010, 2:39 pm EDT BRUSSELS (AP) — European leaders are facing a moment of truth at a Thursday summit, as markets press them to come up with a financial safety net … Continue reading →

By Thomas R. Keene and Susanne Walker March 25 (Bloomberg) –  Bill Gross, manager of the world’s biggest bond fund at Pacific Investment Management Co., said the almost three-decade bond market rally may be drawing to a close. Excess borrowing … Continue reading →

Montreal (Kitco News) — The Commodity Futures Trading Commission wants Congress to impose hard-cap position limits on metals as well as oversight in over-the-counter trading, CFTC Commissioner Bart Chilton told Kitco News in an exclusive interview. “We currently only have … Continue reading →

The Herald Scotland (HeraldScotland.com)Exclusive: Rob Edwards Published on 14 Mar 2010 Hundreds of powerful US “bunker-buster” bombs are being shipped from California to the British island of Diego Garcia in the Indian Ocean in preparation for a possible attack on … Continue reading →

By Nicholas Larkin and Glenys Sim March 17 (Bloomberg) — Gold, little changed in New York and London today, may gain for a third day as investors seek an alternative to a weakening dollar and low interest rates. Bullion futures … Continue reading →

By Andrea Tse 03/15/10 – 03:13 PM EDT NEW YORK (The Street) — New York spot gold prices are rising in midday trading following warnings by Moody’s Investors Services that the U.S. is at risk of losing its esteemed credit … Continue reading →

Published: Thursday, 4 Mar 2010 | 2:52 PM ET Investors should buy some gold every month “forever” or look to emerging market stocks rather than US shares, Marc Faber, editor of The Gloom, Boom & Doom Report, told CNBC. Axel … Continue reading →

March 9 (Bloomberg) — Erskine Bowles, co-chairman of the commission on U.S. deficit reduction, said entitlement programs such as Social Security will turn the nation into a “second- rate power” if their costs aren’t reduced. “We’re going to mess with … Continue reading →