Monthly Archives: May 2010

By: Julie Crawshaw Thursday, 06 May 2010 10:20 AM Gluskin Sheff analyst David Rosenberg [former Chief Merrill Lynch Economist] says the breakdown of the euro could well drive the price of gold to $3,000. “The case for gold heading to … Continue reading →

Who will bail out the countries that bailed out the world’s corporations? By Alistair Barr May 14, 2010, 12:01 a.m. EDT SAN FRANCISCO (MarketWatch) — The financial crisis never really went away. The debt mountain that brought down some of … Continue reading →

By Pratima Desai of Reuters May 14, 2010 LONDON – Gold steadied on Thursday, but analysts expect the precious metal to extend gains to new records over coming days as waves of investor money come flooding into the market looking … Continue reading →

May 12 (Bloomberg) — Investor Jim Rogers said Europe’s bailout of indebted nations to overcome the sovereign-debt crisis is just “another nail in the coffin” for the euro as higher spending increases the region’s debt. The 16-nation currency weakened for … Continue reading →

By Pham-Duy Nguyen May 12 (Bloomberg) — Gold futures rose to a record for the second straight day as financial turmoil in Europe spurred demand for an alternative to currencies. Gold priced in euros, British pounds and Swiss francs also … Continue reading →

May 12, 2010 (The Street) – Gold prices are soaring because of growing inflation fears. Both the European Central Bank and the Federal Reserve seem to be on the path to permanently easy money with the Greek bailout and huge … Continue reading →

May 12, 2010 (Reuters) – Gold jumped nearly 3 percent to an all-time high at above $1,230 an ounce on Tuesday, as traders sought safety after a $1 trillion European rescue failed to put to rest fears of euro zone … Continue reading →

FINANCIAL POST, MAY 11, 2010 LONDON — Gold hit five-month highs on Tuesday, rising to within US$5 of its December record peak as risk aversion returned on doubts over smaller eurozone countries’ ability to cut their deficits despite a US$1-trillion … Continue reading →

Dow to Tumble as US Economy Faces Headwinds: Strategist By Lisa AuretAssistant Web Producer, CNBC Published: Monday, 10 May 2010 | 10:23 AM ET The Dow is going to break out of its current trading range to the downside, as … Continue reading →