Monthly Archives: June 2010

By Kelly Bit and Rita Nazareth June 30 (Bloomberg) — U.S. stocks swung between gains and losses, with the Standard & Poor’s 500 Index set for its first quarterly decline in more than a year after Moody’s Investors Service Inc. … Continue reading →

By Bradley Davis JUNE 30, 2010, 5:24 P.M. ET Central banks pared their euro holdings in the first quarter of the year and likely cut them even further in the second quarter as the euro-zone sovereign-debt crisis worsened. The euro’s … Continue reading →

By Annalyn Censky, staff reporterJune 18, 2010: 8:36 AM ET NEW YORK (CNNMoney.com) — Foreign governments have been getting in on the recent gold rush, driven by continued fears about Europe’s debt crisis and the pace of the global economic … Continue reading →

Bloomberg.com By Nicholas Larkin – Jun 30, 2010 The International Monetary Fund’s gold holdings fell 15.25 metric tons in May, according to figures from the Washington-based lender’s website. Russia’s gold assets increased 22.46 tons in May to 703.1 tons, the … Continue reading →

By Kelly Bit – Jun 29, 2010 U.S. stocks plummeted, sending the Standard & Poor’s 500 Index to its lowest level since Oct. 30, on concern over weakening growth in China and a slump in American consumer confidence. Boeing Co., … Continue reading →

As recovery starts to stall in the US and Europe with echoes of mid-1931, bond experts are once again dusting off a speech by Ben Bernanke given eight years ago as a freshman governor at the Federal Reserve. By Ambrose … Continue reading →

by Alix Steel, 06/25/10 – 02:39 PM EDT NEW YORK (The Street) — Gold prices were popping Friday on technical trading and signs that the U.S. economy is slowing, which prompted another flight to safety into gold. Gold for August … Continue reading →

By Claudia Assis SAN FRANCISCO (MarketWatch) — Gold futures on Friday ended a couple of dollars short of their record high, buoyed by strong investor interest in commodities in general, a weaker dollar, and ahead of the Group of 20 … Continue reading →

AP – Wed Jun 23rd, 2010 3:43 PM EDT BERLIN – Billionaire investor George Soros said Germany’s insistence on fiscal tightening could initiate a deflationary spiral and may ultimately endanger the European Union as a whole. Forcing Europe’s governments to … Continue reading →

Numismaster.comBy Patrick A. HellerJune 22, 2010 The World Gold Council in its June 2010 update of World Official Gold Holdings increased the gold reserves held by the Saudi Arabian central bank to 322.9 tons (10.38 million ounces).  This is more … Continue reading →