The gold ETF has done a fantastic thing for the gold market. It's made gold more accessible, not only to institutional investors, but also to the individual investor. As a result, more people are embracing gold.
Oil prices rose for a second straight week to post fresh fourth quarter highs at $72.55, as a frail dollar and economic optimism outweighed fundamental weakness while technical clues preceded the rally.
Credit rating agencies were at the heart of the rise of securitisation, and securitised assets were at the heart of the Subprime problems. Plainly these agencies are slated for major reforms. This article presents the statement of an eminent group of financial economists on such reform.