Potential End of Dollar-based Oil Deals Helps Gold Shine
October 7, 2009 by goldguru · Leave a Comment
By Myra P. Saefong, MarketWatch Oct. 6, 2009, 5:07 a.m. EDT TOKYO (MarketWatch) — Growing speculation over the potential end to dollar-based trading in the oil market may be part of the reason gold prices have rallied beyond $1,020 an ounce to stand near their highest level in 18 months. And the strength was kept [...]
95th US BANK FAILURE IN ’09; ANALYSTS WARN FDIC FUND COULD BE IN RED BY 2010
September 29, 2009 by goldguru · Leave a Comment
By MARCY GORDON, AP Business Writer Marcy Gordon, Ap Business Writer – Fri Sep 25, 5:39 pm ET WASHINGTON – Regulators on Friday shut down Atlanta-based Georgian Bank, the 95th U.S. bank to fail this year as loan defaults rise in the worst financial climate in decades. In coming months, more banks are expected to buckle under the weight [...]
RUSAL may sell 10% stake to Libyan Investment Authority – Report
September 21, 2009 by goldguru · Leave a Comment
The Russian aluminum producer is restructuring billions of dollars of debt. Read more….
BEP Provides Study on Blind Accessible Notes
August 17, 2009 by goldguru · Leave a Comment
US currency may get new designs to make them more identifiable to the blind and visually impaired, but implementing changes could cost billions of dollars, a new study reveals. The Bureau of Engraving and Printing (BEP) announced that it initiated and has received a comprehensive report entitled Study to Address Options for Enabling the Blind [...]
Billions of dollars down the tubes
June 29, 2009 by goldguru · Leave a Comment
The world’s most overpriced mining acquisitions, during the 2001 to 2009 “Xstrata era”, and the sometime horrifying damage. Read more….