Monthly Archives: November 2011

The Street By Alix Steel November 30, 2011 NEW YORK (TheStreet ) — Gold prices bounced Wednesday as the U.S. dollar tanked on news that 6 central banks, including the Federal Reserve, would lend more dollars at cheaper prices. Gold … Continue reading →

Commentary: Sentiment continues to support higher gold prices MarketWatch By Mark Hulbert November 30, 2011 CHAPEL HILL, N.C. (MarketWatch) — Sentiment conditions continue to support higher gold prices. It was one month ago that I last devoted a column to … Continue reading →

The Associated Press By EILEEN AJ CONNELLY AP Business Writer November 28, 2011 NEW YORK (AP) — Standard & Poor’s Ratings Services has lowered its credit ratings for many of the world’s largest financial institutions, including the biggest banks in … Continue reading →

Reuters By Walter Brandimarte November 28, 2011 (Reuters) – Fitch Ratings on Monday revised to negative the outlook on the United States’ AAA credit rating after a Congress committee failed last week to agree on at least $1.2 trillion in … Continue reading →

The International Monetary Fund is being lined up potentially to help Italy and Spain amid growing fears that a European rescue scheme will not be able to prop up the countries. The Telegraph By Robert Winnett November 28, 2011 Reports … Continue reading →

Bloomberg.com By Bob Ivry, Bradley Keoun and Phil Kuntz Nov 27, 2011 4:01 PM PT The Federal Reserve and the big banks fought for more than two years to keep details of the largest bailout in U.S. history a secret. Now, … Continue reading →

Kitco.com: Commentator’s Corner By Frank Holmes, CEO and Chief Investment Officer of U.S. Global Investors November 25, 2011 Resurgent investment lifted global gold demand 6 percent from the previous year to just over 1,000 tons during the third quarter of 2011, according to … Continue reading →

Kitco News By Jim Wyckoff November 22, 2011 (Kitco News) – Comex December gold futures prices ended U.S. day session higher and nearer the daily high Tuesday. Precious metals saw bargain hunting and short covering following the strong selling pressure … Continue reading →

Washington Times By Matthew Craft-Associated Press November 22, 2011 NEW YORK — A downward revision of U.S. economic growth in the third quarter sent stocks lower Tuesday. Higher borrowing costs for Spainalso renewed worries about Europe’s debt crisis. The Commerce Department reported … Continue reading →

Yahoo! News By AFP November 21, 2011 Lawmakers heading a US congressional “supercommittee” announced Monday that the panel had failed to reach a deal to rein in galloping deficits, adding to world jitters about Europe’s debt crisis. “We are deeply … Continue reading →