Category Archives: Gold News 2008

17 August 2010, 4:24 p.m. ESTBy Allen SykoraOf Kitco News (Kitco News) — Worries about a fragile U.S. economy are likely to keep investors shifting toward gold and could push the metal to fresh record highs near the $1,300 area … Continue reading →

by Brett ArendsFriday, August 13, 2010 provided bywsjlogo.gif Could Wall Street be about to crash again? This week’s bone-rattlers may be making you wonder. I don’t make predictions. That’s a sucker’s game. And I’m certainly not doing so now. But … Continue reading →

by Alix Steel08/16/10 – 08:45 AM EDT NEW YORK (The Street) — Gold prices were climbing Monday as persistent signs of a weakening global economic recovery reignited gold’s appeal as a safe haven asset. Gold for December delivery was adding … Continue reading →

8/13/10 — Written by Eric Rosenbaum from New York. NEW YORK (TheStreet) — It may just be the summer doldrums, or the ominous occurrence of a Friday the 13 in mid-August, but the Hindenburg Omen — a technical indicator of … Continue reading →

By Stephanie Borise and Stephen Kirkland Aug. 13 (Bloomberg) — U.S. stocks fell for a fourth day, the longest losing streak for the Standard & Poor’s 500 Index in six weeks, after a retail-sales gauge unexpectedly fell. Oil slipped and … Continue reading →

Commentary by Laurence Kotlikoff Aug. 11 (Bloomberg) — Let’s get real. The U.S. is bankrupt. Neither spending more nor taxing less will help the country pay its bills. What it can and must do is radically simplify its tax, health-care, … Continue reading →

ECONOMIC RECOVERY IS SLOWING By Kelly Bit and Stephen Kirkland Aug. 6 (Bloomberg) — Stocks and the dollar dropped and Treasuries rallied, sending the yield on the two-year note below 0.5 percent for the first time, as lower-than-estimated growth in … Continue reading →

Wednesday, 04 Aug 2010 09:46 AM By: Dan Weil China’s government announced it will loosen restrictions on imports and exports of gold amid strong internal demand for the metal. Experts say the move will boost gold trading in China and … Continue reading →

Since 2008 the number of bank failures has reached 269 and this doesn’t include consolidations done through the FDIC where bigger banks ate up smaller banks before they officially failed. The FDIC is in a precarious situation. The Deposit Insurance … Continue reading →

Even though the U.S. financial system nearly experienced a total meltdown in late 2008, the truth is that most Americans simply have no idea what is happening to the U.S. economy. Most people seem to think that the nasty little … Continue reading →