Monthly Archives: May 2010

by Porter Stansberry May 25 2010 4:33PMDaily Wealth What a spectacle… In an utter and complete repudiation of its founding principles, the European Union’s central bank (ECB) has decided to copy the U.S. Federal Reserve’s 2008-2009 strategy of “papering over” … Continue reading →

NEW YORK (The Street) — Gold prices were rising Wednesday as jittery investors continued to buy gold as a safe haven asset to battle global economic uncertainty. Gold delivery for June was rising $12.50 to $1,210.50 an ounce at the … Continue reading →

By Howard Schneider and Neil Irwin Washington Post Staff Writer Monday, May 24, 2010 If the trouble starts — and it remains an “if” — the trigger may well be obscure to the concerns of most Americans: a missed budget … Continue reading →

By Nicholas Larkin, Claudia Carpenter and Millie Munshi May 24 (Bloomberg) — Speculators are buying gold faster than the world’s biggest producers can mine it as analysts forecast a 27 percent rally that may extend the longest run of annual … Continue reading →

By Liam Pleven and Carolyn Cui, May 22, 2010 Michael Rubenstein for The Wall Street Journal Tigris Financial’s Thomas Kaplan, in his New York office this past week, on his investment focus: ‘I feel the only asset I have confidence … Continue reading →

Biggest Regulatory Overhaul of Wall Street Since Depression Moves Closer to Law WASHINGTON—The Senate on Thursday approved the most extensive overhaul of financial-sector regulation since the 1930s, hoping to avoid a repeat of the financial crisis that hit the U.S. … Continue reading →

By Whitney Kisling and Elizabeth Stanton May 20 (Bloomberg) — A weeklong rout in stocks deepened, with U.S. benchmark indexes losing the most in more than a year, as reports cast doubts about the strength of the economic recovery and … Continue reading →

by Alix Steel05/20/10 – 10:20 AM EDT NEW YORK (TheStreet ) — Gold prices were reversing double-digit losses Thursday as bargain hunters beat out investors’ need for cash for protection against global uncertainty. Gold for June delivery was rising 10 … Continue reading →

Bloomberg.com By Rita Nazareth and David Merritt May 19 (Bloomberg) — Stocks and commodities slid and Treasury 10-year note yields neared the lowest level of the year after Germany banned some bearish bets against government bonds and banks. The euro … Continue reading →

In an important post today, former chief Merrill Lynch economist David Rosenberg writes: When we had the post-Lehman collapse, gold fell from $900 to $720 an ounce but it still managed to outperform other commodities and rise in many other … Continue reading →