Monthly Archives: January 2012

MarketWatch By William L. Watts and Claudia Assis January 26, 2012 SAN FRANCISCO (MarketWatch) — Gold prices climbed to levels unseen since early December on Thursday, extending a rally triggered the previous day after the U.S. Federal Reserve pledged to … Continue reading →

Kitco News By Allen Sykora January 26, 2012 (Kitco News) – The U.S. dollar remains weaker in response to a dovish Federal Reserve, successful Italian bond auction and reports of progress on private-sector-involvement talks for Greek debt, says FOREX.com. The … Continue reading →

REUTERS By Jan Harvey January 26, 2012 (Reuters) – Gold’s record-breaking rally of the last decade is set to extend into this year and next as monetary policy stays loose and central banks build reserves, a Reuters poll showed on … Continue reading →

The Washington Post By Glenn Kessler January 25, 2012 A State of the Union address is often difficult to fact-check, no matter who is president. The speech is a product of many hands and is carefully vetted, so major errors … Continue reading →

Reuters By Pedro da Costa and Mark Felsenthal January 25, 2012 (Reuters) – Federal Reserve Chairman Ben Bernanke signaled on Wednesday the central bank may consider further monetary easing, after the central bank announced interest rates would remain near zero … Continue reading →

CNBC.com By Ted Kemp January 25, 2012 Billionaire investor George Soros on Wednesday minced no words on the financial troubles faced by the Europe Union, as he addressed the future of the currency block before an audience in Davos. Soros … Continue reading →

The Street By Alix Steel January 25, 2012 NEW YORK (TheStreet ) — Gold prices reversed earlier losses and popped higher Wednesday as the Federal Reserve stayed committed to an easy monetary policy for a longer period of time. Gold … Continue reading →

Yahoo! Finance By Aaron Task January 25, 2012 The Federal Reserve did not announce another round of quantitative easing Wednesday but still had a gift for the speculators. In a surprising and somewhat perplexing move, the FOMC announced plans to … Continue reading →

Reuters By John Wasik January 25, 2012 (Reuters) – While Americans might get a little break in their payroll taxes through the end of this year, greater financial relief for workers will be elusive. After the State of the Union … Continue reading →

MarketWatch By Steve Goldstein January 25, 2012 WASHINGTON (MarketWatch) — The Federal Open Market Committee said Wednesday that the long-term inflation goal is 2%, as measured by the annual change in the price index for personal consumption expenditures. That’s the … Continue reading →