Sunday, August 14, 2016

Gold, Silver, Metal Prices: Commentary – 10/30/2009

October 30, 2009 by · Leave a Comment 

GDP: Great Day to Play Good Day, Friday’s market sessions in precious metals started off on a tamer note, following the best gains in gold in three weeks. Explanations follow. The recapture of the $1045 area is noteworthy, although analysts we polled during the wee hours overseas are trying to define the move as everything [...]

If only Nouriel Roubini knew a little more about gold

October 24, 2009 by · Leave a Comment 

11a ET Saturday, October 24, 2009 Dear Friend of GATA and Gold: New York University economics professor Nouriel Roubini disparaged gold in an interview with Index Universe’s research director, Dave Nadig, that was published Friday. Here’s the exchange: * * * When you say “stay away from risky assets,” many people hear that and [...]

Watershed Moment for Government Intervention in Private Sector

October 23, 2009 by · Leave a Comment 

October 22, 2009The U.S. Treasury and the Federal Reserve unveiled a set of curbs and rules for executive compensation at U.S. banks that mark a watershed moment for government intervention in the private sector. The Fed is proposing that it more aggressively regulate compensation practices at U.S. American banks under its control. The central bank [...]

Optalert Highlights Drowsy Driving Warning Signs

October 23, 2009 by · Leave a Comment 

“Drowsy driving” episodes are quite commonly reported by drivers in the general community and by professional drivers. A recent population-based survey in USA indicated that 37% of the driving population had driven while drowsy and had dozed off at the wheel, some many times, within the preceding year. Only a minority of such episodes had [...]

The Golden Road Out of Financial Crisis

October 22, 2009 by · Leave a Comment 

The Daily Reckoning “Who goes borrowing, goes sorrowing.” – Ben Franklin Today’s reckoning is going to be short. We’re on the road again…this time to Ireland where our Family office is headquartered. The quote above comes from one of America’s founding fathers. But it was recalled to us neither by America’s president, nor America’s secretary [...]

DRDGold plunges to R63m Q1 loss in ‘conspiracy’ of challenges

October 22, 2009 by · Leave a Comment 

JSE-and Nasdaq-listed gold miner DRDGold has plunged into a R63,3-million net loss in a September quarter of seismic, labour and currency challenges. "There was almost a conspiracy of challenges in the last few months," DRDGold CEO Niel Pretorius said of the company’s underground Blyvoor gold mine. While he believed that Blyvoor would emerge from its [...]

Greenlight’s Einhorn Predicted Lehman Brothers’ Fall; Buying Gold

October 21, 2009 by · Leave a Comment 

By Jennifer Ablan and Joseph A. Giannone Mon Oct 19, 2009 5:17pm EDT NEW YORK, Oct 19 (Reuters) – David Einhorn, the hedge fund manager who had warned on Lehman Brothers’ precarious finances, on Monday said he is buying gold and betting that interest rates will rise as he lambasted the U.S. government’s financial chiefs [...]

Gold edges higher as dollar weakens against euro

October 19, 2009 by · Leave a Comment 

By Moming Zhou, MarketWatch NEW YORK (MarketWatch) — Gold futures rose on Monday, as investors embraced more risk, pressuring the dollar, lifting stocks and helping crude-oil futures test new highs for the year above $79 a barrel. Copper also gained more than 4% before giving back some gains after China estimated that its economy grew [...]

US Annual Inflation Down 1.3%, Inflation Calculator Update

October 16, 2009 by · Leave a Comment 

The cost of living in the US rose slower in September, easing concerns of higher inflation which over the past 12 months has fallen more than one percent, according to a Labor Department report released Thursday. Consumer prices edged higher last month by 0.2 percent, following a 0.4 percent climb in August. Core consumer prices, [...]

JP Morgan starting to take more risk in the commodities space

October 15, 2009 by · Leave a Comment 

Now approaching levels last seen before the financial crisis Read more….

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