Tag Archives: gold prices

Record $14 Trillion-Plus Debt Weighs on Congress

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YAHOO! News By Tom Raum Associated Press – Sat Jan 15, 6:15 pm ET WASHINGTON – The United States just passed a dubious milestone: Government debt surged to an all-time high, topping $14 trillion — $45,300 for each and everyone … Continue reading

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Wall St Down as Portugal Weighs Ahead of Earnings

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REUTERS By Chuck Mikolajczak Monday January 10, 2011, 11:42 am NEW YORK (Reuters) – U.S. stocks fell for a third straight session on Monday as a previously buoyant market limped into earnings season. The latest worries about the euro zone … Continue reading

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Fear `Mindless’ U.S. Deficit Spending, Pimco’s Gross Says

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Bloomberg By Cordell Eddings – Jan 5, 2011 8:13 AM PT Pacific Investment Management Co.’s Bill Gross said investors should favor emerging market corporate and sovereign debt as “mindless” U.S. deficit spending may result in higher inflation, a weaker dollar … Continue reading

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18 Scary US Debt Facts

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CBS: MoneyWatch.com By Jill Schlesinger | Nov 18, 2010 With all of the political talk swirling around the deficit and the national debt, it’s time to dredge up lots of scary facts to make you pay attention. I know the … Continue reading

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IMF Has Fully Sold 403.3 Tons of Gold

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Why China failed to buy IMF gold reserves Published on: December 22 2010 12:40 GMT NEW YORK (Commodity Online): 2010 bullion headlines have been dominated by one major news items, often: the gold reserves sale by the International Monetary Fund … Continue reading

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Fed buys $2.07 billion in Treasurys; bonds stay down

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By Deborah Levine NEW YORK (MarketWatch) — The Federal Reserve Bank of New York bought $2.07 billion in Treasury debt on Wednesday, the last buyback operation for the holiday-shortened week. The purchases are part of the Fed’s second round of … Continue reading

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MF Global Looks For Gold To Be In $1,250-$1,550 Range During 2011

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21 December 2010, 9:29 a.m. By Allen Sykora Kitco News (Kitco News) – MF Global looks for gold prices to be in a range of $1,250 to $1,550 an ounce in 2011, with a year-end objective of $1,450. MF Global … Continue reading

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Gold Prices Up as Investors Seek Safety against Escalating Tensions between North and South Korea

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Alix Steel 12/20/10 – 09:42 AM EST NEW YORK (TheStreet) — Gold prices were climbing higher Monday as the metal shined as a safe-haven asset. Gold for February delivery was adding $6.30 to $1,385.50 an ounce at the Comex division … Continue reading

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Tax Measure Gives Deal to Wealthy Roth IRA Converters

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BLOOMBERG NEWS By Alexis Leondis – Dec 17, 2010 7:56 AM PT The extension of current income-tax rates gives wealthy taxpayers the equivalent of an interest-free loan if they convert a regular Individual Retirement Account to a Roth by Dec. … Continue reading

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Rick Santelli, CNBC: Clarity from Fed? No. Inflation? Yes.

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Rick Santelli, On-Air Editor, CNBC Business News Network Published: Tuesday, 14 Dec 2010 | 4:40 PM ET Today, the Federal Reserve’s statement was virtually identical to the statement of the last meeting on November 3. Yet since the last meeting … Continue reading

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