Category Archives: Uncategorized

Moody’s set to downgrade US without budget deal

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Associated Press Yahoo!News NEW YORK (AP) — The U.S. government’s debt rating could be heading for the “fiscal cliff” along with the federal budget. Moody’s Investors Service on Tuesday said it would likely cut its “Aaa” rating on U.S. government … Continue reading

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Gold Advances on Outlook for Further Stimulus From Fed

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By Joe Richter and Maria Kolesnikova – Sep 11, 2012 6:33 AM PT Gold rose for the third time in four sessions as prospects for more stimulus from the Federal Reserve spurred demand for the metal as a store of … Continue reading

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Gold Rises to Highest Since March as Euro Advances on ECB

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Bloomberg News By Debarati Roy on September 06, 2012 Gold futures rose to the highest since March as European Central Bank President Mario Draghi said policy makers agreed to an unlimited bond-purchase program to help stabilize the region, boosting demand … Continue reading

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Bill Gross: Treasury investors will ‘get cooked’

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By Hibah Yousuf June 8, 2011: 9:04 PM ET CHICAGO (CNNMoney) — Pimco founder Bill Gross reiterated his warning to cash out of Treasuries Wednesday afternoon. Investors who have been betting on Treasuries are destined “to get cooked like frogs … Continue reading

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US Is Nearing Even Worse Financial Crisis: Jim Rogers

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Published: Wednesday, 8 Jun 2011 | 5:16 PM ET By: Margo D. Beller Special to CNBC.com The U.S. is approaching a financial crisis worse than 2008, Jim Rogers, chief executive, Rogers Holdings, warned CNBC Wednesday. “The debts that are in … Continue reading

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Stock Market Weakness Worth Watching For Dollar Direction

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18 October 2010, 10:12 a.m. By Debbie Carlson Of Kitco News (Kitco News) — The trade to “short dollar/long everything else” is in vogue now, and for it to reverse it would need to take news events, says Ed Meir … Continue reading

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GOLD HITS RECORD HIGH AS DOLLAR WILTS

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By Jan Harvey LONDON | Thu Oct 14, 2010 8:38am EDT (Reuters) – Gold rallied to fresh record highs in Europe on Thursday as the dollar slid to its lowest this year versus a basket of major currencies, boosting interest … Continue reading

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Fed Chief Gets Set to Apply Lessons of Japan’s History

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By Jon Hilsenrath OCTOBER 12, 2010 As a Princeton professor in the 1990s, Ben Bernanke lectured Japanese officials for mishandling their economy. Jon Hilsenrath discusses Bernanke’s criticism of Japan’s central bank a decade ago, saying it offers hints of what … Continue reading

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Comex Gold Pushes To Record High; Technical Buying Activated

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13 October 2010, 11:15 a.m. By Allen Sykora Of Kitco News Comex December gold has peaked at $1.374.80 an ounce, a record for a most-active contract. Support comes from continued expectations for quantitative easing, says Charles Nedoss, senior market strategist … Continue reading

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GOLD HITS RECORD AS FED ANNOUNCEMENT SINKS DOLLAR

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By John Jameson on October 13, 2010 8:24 AM | Permalink By Amanda Cooper and Jan Harvey LONDON | Wed Oct 13, 2010 10:42am EDT (Reuters) – Gold surged to a record high at $1,367.65 an ounce on Wednesday and … Continue reading

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