NEW YORK (The Street) -- Gold prices were rallying past $1,230 an ounce Thursday as investors bought gold after more signs of a weak labor market. Gold for December delivery was up $6 to $1,237.40 an ounce at the Comex...
17 August 2010, 4:24 p.m. EST By Allen Sykora Of 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...
by Brett Arends Friday, August 13, 2010 provided by wsjlogo.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...
by Alix Steel 08/16/10 - 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...
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...
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...
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,...
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...
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...
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...
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...
By Alix Steel, 08/02/10 - 09:49 AM EDT NEW YORK (The Street) -- Gold prices were rallying Monday as bargain-hunting and technical buying pushed prices higher. Gold for October delivery was up $3.50 to $1,185.90 an ounce at the Comex...
By Pham-Duy Nguyen July 30 (Bloomberg) -- Gold rose for a third day on speculation that the biggest monthly drop since December will encourage investors to stock up on the precious metal as a haven. The 5 percent price drop...
By: Julie Crawshaw Friday, 09 Jul 2010 09:59 AM Gluskin Sheff Chief Economist and Strategist David Rosenberg says the Dow could go to 5,000. Rosenberg's reasons: Even if an economic double dip is avoided, the market is not priced for...
By Greg Robb July 30, 2010, 10:44 a.m. EDT WASHINGTON (MarketWatch) -- The U.S. economy lost momentum in the second quarter of the year, according to figures released Friday, which may raise concerns of an extended soft patch if not...
The CBO's latest warning on the long-term deficit is scarier than ever. Editorial, Sunday, June 28, 2009 THE CONGRESSIONAL Budget Office has a tough job: to provide America's lawmakers with a reality check on their tax and spending plans. Not...
Gold, Little Changed, May Rise as Price Slump Attracts Buyers by Nicholas Larkin and Pham-Duy Nguyen July 28 (Bloomberg) -- Gold, little changed in New York, may gain as the lowest prices in almost three months spur demand. Futures yesterday...
Houston Chronicle by R.G. Ratcliffe and Jeannie Kever Web Posted on www.MySanAntonio.com/Education: 07/15/2010 12:18 CDT AUSTIN — Fearing unstable international financial markets and the possibility of high inflation, Texas’ higher education investment managers have bought more than $500 million in...
According to the FDIC website, 103 banks have failed thus far in 2010. In addition to the 140 that failed in 2009, the total is 236 - and counting. In May, CNN reported that the problem bank list had reached...
By Louis Charbonneau UNITED NATIONS | Tue Jun 29, 2010 4:56pm EDT UNITED NATIONS (Reuters) - A new United Nations report released on Tuesday calls for abandoning the U.S. dollar as the main global reserve currency, saying it has...
By Rodrigo Campos On Wednesday July 21, 2010, 5:35 pm EDT NEW YORK (Reuters) - Federal Reserve Chairman Ben Bernanke's dour assessment of the U.S. recovery hit stocks on Wednesday, as his comment that the economy faced "unusually uncertain" prospects...
By: Daryl Guppy CNBC Contributor Published: Thursday, 15 Jul 2010 | 1:29 AM ET Seeing there's been quite a bit of interest in my recent comments on CNBC about the historical parallels between the Great Depression and the recent financial...
The number of N.C. state-chartered banks in trouble increased 74 percent since October, as delinquent loans and declining real estate values took a toll. By Stella M. Hopkins Posted: Sunday, Jul. 18, 2010 Nearly half of North Carolina's 86 state-chartered...
By Ambrose Evans-Pritchard, International Business Editor Published: 8:52PM BST 15 Jul 2010 Rarely before have a few coded words in the minutes of the US Federal Reserve caused such an upheaval in the global currency system, or such a sudden...
by Matt Day of Dow Jones Newswires, July 15, 2010 NEW YORK (Dow Jones)--Gold futures ended with small gains, but were largely unchanged as a set of mixed U.S. and Chinese indicators clouded an already hazy economic picture. The most...
July 14, 2010, 8:13 a.m. EDT LOS ANGELES, July 14, 2010 /PRNewswire via COMTEX/ -- Capital Gold Group, Inc. has earned a Distinguished Honoree medal in the Websites & Blogs Category in The 2010 International Business Awards for its new...
US trade deficit widens to $42.3 billion in May, largest gap in 18 months, as imports rise Martin Crutsinger, AP Economics Writer, On Tuesday July 13, 2010, 5:12 pm EDT WASHINGTON (AP) -- The U.S. posted solid gains in exports...
July 6, 2010, 8:13 am EDT LOS ANGELES, July 6 /PRNewswire/ -- "Gold was named the best-performing major asset of the second quarter after recording a 12% increase," stated Capital Gold Group CEO, Jonathan Rose, RFC. "As Americans begin to...
Ben Baden and Rob Silverblatt, On Thursday July 1, 2010, 3:21 pm EDT With stock prices spiraling downward and treasury yields tanking, the market has been sending a clear message this week: The fragile economic recovery is in trouble. But...
By Kelly Bit and Rita Nazareth June 30 (Bloomberg) -- U.S. stocks swung between gains and losses, with the Standard & Poor’s 500 Index set for its first quarterly decline in more than a year after Moody’s Investors Service Inc....
By Bradley Davis JUNE 30, 2010, 5:24 P.M. ET Central banks pared their euro holdings in the first quarter of the year and likely cut them even further in the second quarter as the euro-zone sovereign-debt crisis worsened. The euro's...
By Annalyn Censky, staff reporter June 18, 2010: 8:36 AM ET NEW YORK (CNNMoney.com) -- Foreign governments have been getting in on the recent gold rush, driven by continued fears about Europe's debt crisis and the pace of the global...
Bloomberg.com By Nicholas Larkin - Jun 30, 2010 The International Monetary Fund’s gold holdings fell 15.25 metric tons in May, according to figures from the Washington-based lender’s website. Russia’s gold assets increased 22.46 tons in May to 703.1 tons, the...
By Kelly Bit - Jun 29, 2010 U.S. stocks plummeted, sending the Standard & Poor's 500 Index to its lowest level since Oct. 30, on concern over weakening growth in China and a slump in American consumer confidence. Boeing Co.,...
As recovery starts to stall in the US and Europe with echoes of mid-1931, bond experts are once again dusting off a speech by Ben Bernanke given eight years ago as a freshman governor at the Federal Reserve. By Ambrose...
by Alix Steel, 06/25/10 - 02:39 PM EDT NEW YORK (The Street) -- Gold prices were popping Friday on technical trading and signs that the U.S. economy is slowing, which prompted another flight to safety into gold. Gold for August...
By Claudia Assis SAN FRANCISCO (MarketWatch) -- Gold futures on Friday ended a couple of dollars short of their record high, buoyed by strong investor interest in commodities in general, a weaker dollar, and ahead of the Group of 20...
AP - Wed Jun 23rd, 2010 3:43 PM EDT BERLIN - Billionaire investor George Soros said Germany's insistence on fiscal tightening could initiate a deflationary spiral and may ultimately endanger the European Union as a whole. Forcing Europe's governments to...
Numismaster.com By Patrick A. Heller June 22, 2010 The World Gold Council in its June 2010 update of World Official Gold Holdings increased the gold reserves held by the Saudi Arabian central bank to 322.9 tons (10.38 million ounces). This...
Eric Sprott, an outspoken gold bull, says that the strong demand for gold is outstripping supply. By Eric Jackson, TheStreet.com Senior Contributor THESTREET.COM — 06/09/10 Eric Sprott founded Sprott Asset Management in 2001 and has over $5 billion in assets...
Bloomberg.com By Ryan J. Donmoyer - Jun 17, 2010 U.S. citizens and residents with UBS AG accounts are racing the clock to disclose their secret holdings to the Internal Revenue Service after the Swiss Parliament ratified an agreement to surrender...
21 June 2010, 10:23 a.m. By Jim Wyckoff, Kitco.com Comex gold futures at mid-session Monday have backed down from the session high of $1,266.50 an ounce, which did set a fresh all-time record high. Some mild profit-taking pressure and price...
Fears that American, British and other governments intend to inflate their way off the rocks of excessive debt prompted record inflows into gold this week. By Ian Cowie Published: 7:35AM BST 20 May 2010 Now some fund managers claim the...
NEW YORK (The Street) -- Gold prices hit a new record high Friday as investors fled into gold as a safe-haven asset. Gold for August delivery was popping $12.70 to $1,261.40 an ounce at the Comex division of the New...
June 18, 2010, 10:12 AM EDT By Pham-Duy Nguyen June 18 (Bloomberg) -- Gold futures rose to a record $1,260.90 an ounce on demand for a haven amid Europe’s fiscal woes and dimming prospects for the U.S. economy. The metal...
By Nelson D. Schwartz Published: June 12, 2010 It is the resurgent passion of the doomsday crowd, a bet that everything will go wrong. No matter what has you worried, they say, the answer is gold. Inflation, deflation, government borrowing...
17 June 2010, 11:21 a.m. By Debbie Carlson Chicago -- (Kitco News) --Worries about the pace of growth in the U.S. and bullish technical charts are lifting gold prices in U.S. morning trade, as investors return to the yellow metal...
by Joseph Schuman, Senior Correspondent AOL News (June 14) -- Can you judge how close the global economy is to the brink of another financial crisis by measuring risk-taking in the markets? Jacob Gyntelberg and Michael King, two researchers at...
06/15/10 - 12:41 PM EDT NEW YORK (The Street) -- Gold prices were tiptoeing higher Tuesday as safe haven buying continued despite a recovery in risky equities. Gold for August delivery was adding $1.90 to $1,226.40 at the Comex division...
By Kate Gibson, MarketWatch SAN FRANCISCO (MarketWatch) -- Gold prices edged higher on Friday after a two-day retreat, but a rise in U.S. consumer sentiment took some of bullion's shine in midday trading. Gold futures for August delivery, the most...
David Rosenberg "Gold Is Increasingly Being Viewed As A Currency Of Its Own" May 14, 2010 Here’s the deal on gold. When we had the post-Lehman collapse, gold fell from $900 to $720 an ounce but it still managed to...
Peter Schiff, President & Chief Global Strategist of Euro Pacific Capital, told Business Week recently that, "People are afraid of the debasement of all the currencies. What's surprising is that gold is still as low as it is ......
NEW YORK (The Street) -- Gold prices set a record high Tuesday as investors scrambled to buy the precious metal and risk appetite diminished. Gold for August delivery was adding $4.90 to $1,245.70 an ounce at the Comex division of...
Published: Wednesday, 2 Jun 2010 | 8:00 AM ET Iran's central bank will sell 45 billion euros from its reserves to buy dollars and gold ingots, a report on the website of state-owned Press TV said on Wednesday. Euro coins...
by Porter Stansberry May 25 2010 4:33PM Daily Wealth What a spectacle... In an utter and complete repudiation of its founding principles, the European Union's central bank (ECB) has decided to copy the U.S. Federal Reserve's 2008-2009 strategy of "papering...
NEW YORK (The Street) -- Gold prices were rising Wednesday as jittery investors continued to buy gold as a safe haven asset to battle global economic uncertainty. Gold delivery for June was rising $12.50 to $1,210.50 an ounce at the...
By Howard Schneider and Neil Irwin Washington Post Staff Writer Monday, May 24, 2010 If the trouble starts -- and it remains an "if" -- the trigger may well be obscure to the concerns of most Americans: a missed budget...
By Nicholas Larkin, Claudia Carpenter and Millie Munshi May 24 (Bloomberg) -- Speculators are buying gold faster than the world’s biggest producers can mine it as analysts forecast a 27 percent rally that may extend the longest run of annual...
By Liam Pleven and Carolyn Cui, May 22, 2010 Tigris Financial's Thomas Kaplan, in his New York office this past week, on his investment focus: 'I feel the only asset I have confidence in is gold.' Gold is setting records...
Biggest Regulatory Overhaul of Wall Street Since Depression Moves Closer to Law WASHINGTON—The Senate on Thursday approved the most extensive overhaul of financial-sector regulation since the 1930s, hoping to avoid a repeat of the financial crisis that hit the U.S....
By Whitney Kisling and Elizabeth Stanton May 20 (Bloomberg) -- A weeklong rout in stocks deepened, with U.S. benchmark indexes losing the most in more than a year, as reports cast doubts about the strength of the economic recovery and...
by Alix Steel 05/20/10 - 10:20 AM EDT NEW YORK (TheStreet ) -- Gold prices were reversing double-digit losses Thursday as bargain hunters beat out investors' need for cash for protection against global uncertainty. Gold for June delivery was rising...
Bloomberg.com By Rita Nazareth and David Merritt May 19 (Bloomberg) -- Stocks and commodities slid and Treasury 10-year note yields neared the lowest level of the year after Germany banned some bearish bets against government bonds and banks. The euro...
By: Julie Crawshaw Thursday, 06 May 2010 10:20 AM Gluskin Sheff analyst David Rosenberg [former Chief Merrill Lynch Economist] says the breakdown of the euro could well drive the price of gold to $3,000. "The case for gold heading to...
Who will bail out the countries that bailed out the world's corporations? By Alistair Barr May 14, 2010, 12:01 a.m. EDT SAN FRANCISCO (MarketWatch) -- The financial crisis never really went away. The debt mountain that brought down some of...
By Pratima Desai of Reuters May 14, 2010 LONDON - Gold steadied on Thursday, but analysts expect the precious metal to extend gains to new records over coming days as waves of investor money come flooding into the market looking...
May 12 (Bloomberg) -- Investor Jim Rogers said Europe’s bailout of indebted nations to overcome the sovereign-debt crisis is just “another nail in the coffin” for the euro as higher spending increases the region’s debt. The 16-nation currency weakened...
By Pham-Duy Nguyen May 12 (Bloomberg) -- Gold futures rose to a record for the second straight day as financial turmoil in Europe spurred demand for an alternative to currencies. Gold priced in euros, British pounds and Swiss francs...
May 12, 2010 (The Street) - Gold prices are soaring because of growing inflation fears. Both the European Central Bank and the Federal Reserve seem to be on the path to permanently easy money with the Greek bailout and huge...
May 12, 2010 (Reuters) - Gold jumped nearly 3 percent to an all-time high at above $1,230 an ounce on Tuesday, as traders sought safety after a $1 trillion European rescue failed to put to rest fears of euro zone...
FINANCIAL POST, MAY 11, 2010 LONDON -- Gold hit five-month highs on Tuesday, rising to within US$5 of its December record peak as risk aversion returned on doubts over smaller eurozone countries' ability to cut their deficits despite a US$1-trillion...
Dow to Tumble as US Economy Faces Headwinds: Strategist By Lisa Auret Assistant Web Producer, CNBC Published: Monday, 10 May 2010 | 10:23 AM ET The Dow is going to break out of its current trading range to the downside,...
By Bob Willis and Thomas R. Keene May 10 (Bloomberg) -- The fallout from the European debt crisis raises the risk of a “double dip” recession for the global economy, said Stephen Roach, chairman of Morgan Stanley Asia Ltd. “When...
May 7 (Bloomberg) -- Stocks slid for a fourth day, erasing 2010 gains for U.S. benchmark gauges, and the bonds of debt- laden nations tumbled after Europe’s debt crisis spurred an equity rout yesterday that undermined confidence in trading...
By Jim Wyckoff 06 May 2010, 3:04 p.m. Gold futures got another boost of buying power after the official close of Comex trading Thursday, pushing to a fresh five-month high of $1,209.20 an ounce, basis June futures. Bulls got another...
By Michael P. Regan and Rita Nazareth May 6 (Bloomberg) --The Dow Jones Industrial Average had its biggest intraday loss since the market crash of 1987, the euro slid to a 14-month low and yields on Greek, Spanish and Italian...
Greek Debt Crisis On Verge Of 'Going Global': Pimco's El-Erian Thursday May 6, 2010: 1:44 PM: CNBC: Problems with Greek debt are about to spread to other countries and could infect the US unless the nation tackles its own mounting...
May 5, 2010 (Bloomberg) - The current European debt crisis likely will not end until the euro collapses as a currency and takes the entire European Union with it, said Dennis Gartman, hedge fund manager and author of "The Gartman...
30 April 2010, 10:54 a.m. EDT By Daniela Cambone Of Kitco News Montreal (Kitco News) -- Gold hit a 2010 high above $1,175 an ounce on Friday, mostly fuelled by short covering and momentum funds said George Gero, vice president...
By Claudia Assis & Kate Gibson, MarketWatch April 28, 2010, 4:55 p.m. EDT SAN FRANCISCO (MarketWatch) -- Gold futures finished at their highest since early December and notched a fourth consecutive winning session Wednesday as a debt ratings downgrade for...
* Lower growth could make it harder to cut deficit (Updates throughout with Fitch, Moody's, comments) NEW YORK/MADRID, April 28 (Reuters) - Standard & Poor's on Wednesday cut its ratings on Spain by one notch to AA from AA-plus,...
Jan Harvey LONDON Thu Apr 29, 2010 10:54am EDT (Reuters) - Gold firmed on Thursday as persistent fears over euro zone debt levels underpinned prices, though a recovery in risk appetite kept the metal below the previous session's 2010 highs....
Gold Gains on Safe-Haven Buying as European Sovereign Debt Fears Heightened By Jim Wyckoff 27 April 2010, 2:18 p.m. Comex gold futures closed higher, nearer the session high and hit a fresh three-week high Tuesday as traders sought out gold...
23 April 2010, 04:37 p.m. EST By John Dourekas Of Kitco News Hong Kong (Kitco News) -- Gold will most likely double from its current $1150 an ounce during the course of the bull market, according to Puru Saxena, founder...
NEW YORK (The Street) -- Gold prices were rising Friday as Greece awaits financial aid from the EU and IMF and the euro rebounds. Gold for June delivery was up $5.80 to $1,148.70 an ounce at the Comex division of...
Hong Kong (Kitco News) -- The rising price of gold is far from over since paper money will continue to lose value, according to Marc Faber, editor and publisher of The Gloom, Boom & Doom Report. “If you have $100...
By Tom Barkley and Bob Davis APRIL 20, 2010 WASHINGTON—Greece's upheaval could mark the starting point of a "new phase" in the global financial crisis, one marked by escalating concerns about sovereign debt, the International Monetary Fund warned Tuesday. "Higher...
Marcy Gordon, AP Business Writer, On Friday April 16, 2010, 11:22 pm EDT WASHINGTON (AP) -- The government on Friday accused Wall Street's most powerful firm of fraud, saying Goldman Sachs & Co. sold mortgage investments without telling the buyers...
NEW YORK (The Street) -- New York spot gold prices firmed Friday afternoon after European debt concerns worsened, with Fitch Ratings' decision to lower Greece's credit rating to BBB- from BBB+ with a downbeat outlook Spot gold prices were rising...
Quarter-End Loan Figures Sit 42% Below Peak, Then Rise as New Period Progresses; SEC Review By Kate Kelly, Tom McGinty and Dan Fitzpatrick APRIL 9, 2010 - Major banks have masked their risk levels in the past five quarters by...
Gold Hits 2.5-Month High on Fresh Spec Buying, Bullish Technicals By Jim Wyckoff 7 April 2010, 3:16 p.m. Comex gold futures pushed to a fresh 2.5-month high Wednesday on fresh speculative buying interest and building upside technical momentum. Ongoing investor...
By Geena Paul Published on: April 03, 2010 at 16:20 NEW YORK (Commodity Online): After the sub-prime catastrophe in banking and realty sector, which led to the global recession in 2008-09, it is the turn of bullion markets now. ‘FRAUD’,...
By Jim Wyckoff 6 April 2010, 2:08 p.m. Fresh speculative buying interest, including a "buy-the-dip" mentality, boosted the gold market Tuesday, as prices hit a fresh four-week high. June Comex gold futures closed up $2.20 at $1,136.00 Tuesday. Gold prices...
Ron Paul predicts inflationary currency crisis in 2 to 3 years on Fox News Congressman urges gold bullion as protection “Debt is the monster,” U.S. Rep. Ron Paul, R-Texas, declares in this interview with Fox Business News. “We are much...
WHY YOU NEED PHYSICAL POSSESSION OF YOUR GOLD When we put up a link to last week's CFTC hearing webcast little did we know that it would end up being the veritable (physical) gold mine (no pun intended) of information...
Humeyra Pamuk LONDON — Reuters Published on Thursday, Apr. 01, 2010 7:38AM EDT Gold (1,127.8013.301.19%) rose to a two-week high on Thursday and platinum group metals rallied to their highest in over 20 months on the back of fresh investment...
SINGAPORE: Gold consumption in China may double within the next 10 years, boosting prices as supplies fail to keep pace with booming demand from investors and the jewelry industry, the World Gold Council said. “China has an insatiable appetite for...
Published: Tuesday, 27 Oct 2009 | 12:34 PM ET The stock market has become overheated since exploding off its March lows and could be in for a strong correction, economist David Rosenberg told CNBC. "It is overvalued by at least...
Aoife White, AP Business Writer, On Wednesday March 24, 2010, 2:39 pm EDT BRUSSELS (AP) -- European leaders are facing a moment of truth at a Thursday summit, as markets press them to come up with a financial safety...
By Thomas R. Keene and Susanne Walker March 25 (Bloomberg) -- Bill Gross, manager of the world’s biggest bond fund at Pacific Investment Management Co., said the almost three-decade bond market rally may be drawing to a close. Excess borrowing...
Montreal (Kitco News) -- The Commodity Futures Trading Commission wants Congress to impose hard-cap position limits on metals as well as oversight in over-the-counter trading, CFTC Commissioner Bart Chilton told Kitco News in an exclusive interview. “We currently only have...
The Herald Scotland (HeraldScotland.com) Exclusive: Rob Edwards Published on 14 Mar 2010 Hundreds of powerful US “bunker-buster” bombs are being shipped from California to the British island of Diego Garcia in the Indian Ocean in preparation for a possible attack...
By Nicholas Larkin and Glenys Sim March 17 (Bloomberg) -- Gold, little changed in New York and London today, may gain for a third day as investors seek an alternative to a weakening dollar and low interest rates. Bullion futures...
By Andrea Tse 03/15/10 - 03:13 PM EDT NEW YORK (The Street) -- New York spot gold prices are rising in midday trading following warnings by Moody's Investors Services that the U.S. is at risk of losing its esteemed credit...
Published: Thursday, 4 Mar 2010 | 2:52 PM ET Investors should buy some gold every month “forever” or look to emerging market stocks rather than US shares, Marc Faber, editor of The Gloom, Boom & Doom Report, told CNBC. “(Gold's)...
By Nicholas Larkin March 2, 2010 (Bloomberg) -- Gold rose to the highest price in almost six weeks in New York as concern about Greece’s debt increased demand for bullion as an alternative to holding currency. The Greek government said...
MARKET WATCH by Myra P. Saefong Friday, February 26, 2010 Precious metal and U.S. dollar start to trade in tandem, but for how long? Gold's been quite the rebel lately -- and investors are giving it much more than a...
VIENNA (AP) Feb. 19, 2010 — The U.N. nuclear agency on Thursday said it was worried Iran may currently be working on making a nuclear warhead, suggesting for the first time that Tehran had either resumed such work or never...
TEHRAN, Iran (AP) — The head of Iran's nuclear program said Monday his country hopes to begin construction within a year on two uranium enrichment facilities, which it plans to build deep inside mountains to protect them from possible attack....
Mineweb Author: Maria Sutt Posted: Thursday , 11 Feb 2010 A confluence of technical factors suggest gold price support between $1,019/oz and $1,025/oz as outlook remains bearish, but CIC's purchase of SPDR Gold Trust shares may represent the start of...
By Phil Mattingly Feb. 23 (Bloomberg) -- U.S. “problem” banks climbed to the highest level in 17 years, signaling failures may accelerate in 2010, the Federal Deposit Insurance Corp. said. Bank lending had the biggest retreat in more than six...
NEW YORK (The Street) -- Investment buying drove gold demand higher in 2009, according to full-year results from the World Gold Council. In an independent report by GFMS Limited for the World Gold Council, investment demand rose 7% vs. a...
NEW YORK (MarketWatch) -- Gold futures finished 2.7% higher on Tuesday, benefiting from a slide in the dollar against the euro as concerns about Greece's debt ebbed. The market showed little immediate reaction to news of a bomb exploding just...
February 16, 2010 NEW YORK (The Street) -- Gold prices soared today as the U.S. dollar weakened. Gold for April delivery was adding $28 to $1,118 an ounce at the Comex division of the New York Mercantile Exchange. Prices have...
BUSINESS INTELLIGENCE Mon February 15, 2010 6:36 pm INTERNATIONAL. The price of gold rose sharply in early London trade Monday, recording its highest-ever Gold Fix in Euros as global stock markets rose, government bonds slipped, and the major currencies were...
WALL STREET JOURNAL FEBRUARY 8, 2010, 4:17 P.M. ET A slump in financial stocks sent the Dow Jones Industrial Average to its first close below 10000 in three months as concerns about the global economy and U.S. interest-rate policy simmered....
FEBRUARY 4, 2010, 5:00 P.M. ET Fears about the global economy and sovereign credit hammered stocks Thursday, causing the Dow Jones Industrial Average to briefly cross below 10000, though it settled slightly above the mark. Other markets gyrated as well,...
Feb. 4 (Bloomberg) -- Stocks plunged around the globe, with the MSCI World Index dropping the most in four months, and commodities tumbled on concern an unexpected increase in U.S. jobless claims and growing sovereign debt will derail the...
By Rob Delaney Feb. 4 (Bloomberg) -- Eric Sprott, whose Sprott Hedge Fund increased more than fivefold in nine years, said gold may rise to $1,500 an ounce this year and $2,000 within two years as the U.S. government...
by Allan Sloan Thursday, February 4, 2010 provided by "Fortune" on CNN Money.com Don't look now. But even as the bank bailout is winding down, another huge bailout is starting, this time for the Social Security system. A report from...
"We are on an unsustainable march toward a fiscal Armageddon." - Rep John Tanner, D-Tennessee By ANDREW TAYLOR, Associated Press Writer Thu Feb 4, 9:41 am ET WASHINGTON – Facing a politically excruciating vote, House Democratic leaders are counting...