-
By Jon Nadler |
January 15, 2009
Gold experienced a day full of price jitters, fits, and starts in New York today, as players digested the near-term market fallout from the ECB ...
-
By Staff Writer |
November 24, 2008
The U.S. government rolled out the Big Rescue Gun once again over the weekend, and shot one giant life-preserver into the stormy waters in which Citigroup had all but disappeared. Last week's management posturing and refusal to break up the carcass vanished fairly fast, as $306 billion in loan guarantees...
-
By Jean Temkin |
October 13, 2008
Morgan Stanley's chief economist estimates that the U.S. budget deficit is $2-trillion so, on the basis that the U.S. economy is $16-trillion, this is a huge 12.5% of GDP. Economists have estimated losses across the entire U.S. financial system at $3-trillion.
-
By Staff Writer |
September 29, 2008
As it turns out, global markets were correct in their anticipatory behavior early on Monday morning. Trouble is, the markets only thought that the rescue bill - as written - would not quite be the sought-after cure for the frozen credit markets.
-
By Staff Writer |
September 27, 2008
No one will deny that last week was one of the most tumultuous in history. The streets red with blood... the bodies of the dead and dying strewn about where they fell.
-
By Gene Arensberg |
September 15, 2008
Following the U.S. Fed and Treasury Department's blatant intervention raid on gold and silver to bolster the U.S. dollar, the few large U.S. banks that hammered the futures markets with an avalanche of short futures sales have covered most of the short contracts in gold, but not silver, yet.
-
By Lawrence Kudlow |
May 26, 2008
Until you see a clear statement from the government that they want to appreciate the dollar, I think you're not going to get any abrupt improvement in the dollar, and you're not going to get another collapse in the gold and commodity prices.
-
By Dennis Gartman |
May 22, 2008
This is a world of stuff. You want to own stuff in the modern world. But you only want to own stuff when it's going up - and stuff doesn't all go up together.
-
By Jon A. Nones |
May 21, 2008
Despite falling gold jewellery demand, investment demand continues to support higher prices in the gold market.
-
By Benn Steil |
May 20, 2008
The dollar has got some fundamental problems looking forward, and those problems can't be rectified easily.