Monthly Archives: August 2012

Bernanke Says Bond Buying An Option To Cut Unemployment

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Bloomberg.com By Joshua Zumbrun and Craig Torres August 31, 2012 Federal Reserve Chairman Ben S. Bernanke, decrying the suffering caused by unemployment of more than 8 percent and defending his unprecedented policies, said more bond purchases are an option as … Continue reading

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What Did $800 Billion REALLY Buy The Country?

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Yahoo! Finance By Jake Tapper, Richard Coolidge, Sherisse Pham & Sarah Burke August 28, 2012 The Republican National Convention starts this week and one of the big topics we will hear about, likely in a mocking sense, is the stimulus. … Continue reading

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Gold Is Going to $1,700 and Beyond Says Trader

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Yahoo! Finance By Jeff Macke August 27, 2012 After dominating the headlines for years it’s been a tough slog for gold of late. The barbaric metal is getting outpaced by the broader equity markets so far in 2012 and has … Continue reading

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Gold Set For Best Year Since 2010 As Stimulus Bets Increase

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Bloomberg.com By Swansy Afonso August 27, 2012 Gold is poised to climb the most in two years as prospects for additional economic stimulus by governments from the U.S. to China stoke demand for the precious metal as a bet against … Continue reading

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Report: Soros Unloads All Investments in Major Financial Stocks; Invests Over $130 Million In Gold

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InfoWars By Mac Slavo August 17, 2012 In a harbinger of what may be coming our way in the Fall of 2012, billionaire financier George Soros has sold all of his equity positions in major financial stocks according to a … Continue reading

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Israel ‘Planning to Attack Iran Before U.S. Election’: PM Could Order Strike on Nuclear Targets Within Weeks

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* Iranian TV announces upgrades to short-range missiles and more powerful naval engine * Fateh-110 missile with range of about 180 miles included in upgrades * Israel has said it is contemplating air strikes on Iran’s nuclear sites Daily Mail … Continue reading

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Gold Hits Two-Month High As Euro, Oil, Grains Rise; Gain Accelerates On Chart Buying

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Kitco News By Allen Sykora August 21, 2012 (Kitco News) - Gold futures have hit their strongest level in more than two months and are attempting to break out of the upper end of their summer-long range, getting a lift from … Continue reading

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Gold Rises on Stimulus Hints, Weak Dollar

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MarketWatch By Claudia Assis and Sara Sjolin August 21, 2012 SAN FRANCISCO (MarketWatch) — Gold futures rose on Tuesday after China hinted fresh economic stimulus could be on the way in coming months, and as the dollar was weaker on … Continue reading

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U.S. Stocks Decline On Concern Over European Debt Crisis

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Bloomberg.com By Inyoung Hwang August 20, 2012 U.S. stocks fell, after the Standard & Poor’s 500 Index rose to its highest level since April, amid investor concern European leaders will fail to quell the region’s debt crisis. Nine out of … Continue reading

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Euro Crisis Revving Up – Fasten Your Seatbelts

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CNBC.com By Catherine Boyle August 20, 2012 The markets have been starved of euro zone news for several weeks, but as politicians and traders return to their desks over the next couple of weeks, the crisis is set to return … Continue reading

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