Monthly Archives: March 2012

U.S. Jobless Claims Total 359,000 In Latest Week

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MarketWatch.com By Jeffry Bartash March 29, 2012 WASHINGTON (MarketWatch) – The number of Americans who filed requests for jobless benefits fell by 5,000 last week to a seasonally adjusted 359,000, the U.S. Labor Department said Thursday. The latest data includes … Continue reading

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Analysis: Gold: For Richer, For Poorer As Crisis Cools

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Yahoo! Finance By Veronica Brown and Amanda Cooper March 29, 2012 LONDON (Reuters) – Extreme strain in the global economy has given way to something less hair-raising. So does the last investor in “safe-haven” gold, switch out the lights? After … Continue reading

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Gold, Not Stocks, Wins Over Most Americans

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CNBC.com By Jennifer Leigh Parker March 28, 2012 Four months into a stock market rally, and Americans are still going for gold. More so than real estate or even stocks, investors call gold the “best investment” according to CNBC’s latest … Continue reading

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Euro Zone Mulls Quicker Injections To Firewall

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MarketWatch.com By Matina Stevis March 28, 2012 BRUSSELS — Euro area countries are strongly considering paying cash into the currency union’s firewall faster in order to raise its ability to lend money to countries in trouble, a senior European Union … Continue reading

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The Very Real Economic Dangers of an Aging America

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The Atlantic via Yahoo! Finance By Derek Thompson March 26, 2012 Two economists envision a scary — and scarily realistic — future where the working population expands slower and slower, and jobless recoveries are the only recoveries we know In … Continue reading

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Consumer Confidence Dips On Fears Of Inflation

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MSNBC.com By Msnbc.com staff and wire March 27, 2012 Consumer confidence dipped in March, while Americans ratcheted up their inflation expectations to the highest level in 10 months, according to a private sector report released on Tuesday. The Conference Board, an industry … Continue reading

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Perception Of US Monetary Policy Key To Gold Rally – HSBC

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Kitco News By Debbie Carlson March 27, 2012 Gold and other markets rallied on Monday following Federal Reserve Chairman Ben Bernanke’s comments regarding the U.S. labor market. The length and strength of the gold rally could be subject to investor’s … Continue reading

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Bernanke Suggests More Support Needed For Weak Job Market

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Los Angeles Times By Don Lee March 26, 2012 Reporting from Arlington, Va.— Despite the recent pickup in job gains, Federal Reserve Chairman Ben S. Bernanke offered a cautious assessment of the labor market and suggested that he would press … Continue reading

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MACQUARIE: BUY GOLD NOW: It’s About To Rocket To $2250

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Business Insider By Joe Weisenthal March 25, 2012 BUY THE DIP. That’s the advice of Macquarie Private Wealth in respect to gold. Gold has certainly come off quite a bit, from a high of around $1900/oz. late last summer, to around $1650/oz. … Continue reading

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Gold Extends Gains As Dollar Softens, Crude Oil Rises

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Kitco News By Allen Sykora March 23, 2012 (Kitco News) - Gold futures have extended early-Friday gains, boosted by a softer tone in the U.S. dollar and strength throughout the commodities complex. As of 10:56 a.m. EDT, gold for April delivery … Continue reading

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