Gold climbed for the third session in a row, and is on track for its best weekly gains since April. Gold futures for delivery in August rose 0.6% to $1,256 per ounce.
So is now the time to buy gold?
Gold climbed for the third session in a row, and is on track for its best weekly gains since April. Gold futures for delivery in August rose 0.6% to $1,256 per ounce.
So is now the time to buy gold?
A recent article by Paul B. Farrell of MarketWatch said that there is a 98% risk of a stock market crash before the end of 2014.
He said in the article “bubbles are everywhere. . .ready to blow.”
That’s quite a statement. One key reason Farrell expects a crash? Federal Reserve policies.
With a Microsoft reorganization plan expected to be announced on Thursday, investors at this point must be wondering: will it matter?
Shareholders of Microsoft Corp. (Nasdaq: MSFT) have only recently gotten a glimmer of hope. Microsoft stock had languished in the $25-$30 range for more than a decade until this year, which has seen MSFT pop about 30%.
Three months ago, Frank Newman sent me a book entitled Freedom From National Debt. I finally got around to reading it — all 89 pages. It’s a little book, packed with evidence that America is being held back by incorrect assumptions and misguided fears about the national debt and government finance in general.
Barclays Capital had a sobering update on India today. Apparently June saw the largest outflows on record from bond and equity portfolios.
A hedge fund hoping to capitalize on the comeback of Fannie Mae and Freddie Mac claims in a lawsuit the government illegally seized the profits of the two mortgage finance giants.
The suit, filed Sunday by Perry Capital LLC, says the government violated a 2008 law that put Fannie and Freddie into conservatorship, through an amendment changing the terms of the government’s bailout.
Stuck in a 6.5% mortgage? Would like to refinance, but don’t have sufficient equity in your home? Welcome to the wonderful world of “financial innovation”. You can do what some businesses do when they are in this situation: sell “shares” in your house to investors. The proceeds can reduce your mortgage amount, potentially allowing you to refinance or at least reduce your payments.
The Basel Committee on Banking Supervision, a global group made up of central banks, just came out with its new bank capital standards, the Third Basel Accord (Basel III), to address some of the problems and weaknesses in global financial regulation.
Will the Eurozone survive the crisis? Lindsay Williams examined the history of the Euro crisis and its outlook from several perspectives, in this documentary produced…
What I’m about to say will challenge even the most steadfast gold bears – or anyone for that matter right now who thinks that gold has seen its better days.