Monthly Archives: May 2010

by Porter Stansberry May 25 2010 4:33PM Daily Wealth What a spectacle… In an utter and complete repudiation of its founding principles, the European Union’s central bank (ECB) has decided to copy the U.S. Federal Reserve’s 2008-2009 strategy of “papering … Continue reading →

NEW YORK (The Street) — Gold prices were rising Wednesday as jittery investors continued to buy gold as a safe haven asset to battle global economic uncertainty. Gold delivery for June was rising $12.50 to $1,210.50 an ounce at the … Continue reading →

By Howard Schneider and Neil Irwin Washington Post Staff Writer Monday, May 24, 2010 If the trouble starts — and it remains an “if” — the trigger may well be obscure to the concerns of most Americans: a missed budget … Continue reading →

By Nicholas Larkin, Claudia Carpenter and Millie Munshi May 24 (Bloomberg) — Speculators are buying gold faster than the world’s biggest producers can mine it as analysts forecast a 27 percent rally that may extend the longest run of annual … Continue reading →

By Liam Pleven and Carolyn Cui, May 22, 2010 Michael Rubenstein for The Wall Street JournalTigris Financial’s Thomas Kaplan, in his New York office this past week, on his investment focus: ‘I feel the only asset I have confidence in … Continue reading →

Biggest Regulatory Overhaul of Wall Street Since Depression Moves Closer to Law WASHINGTON—The Senate on Thursday approved the most extensive overhaul of financial-sector regulation since the 1930s, hoping to avoid a repeat of the financial crisis that hit the U.S. … Continue reading →

By Whitney Kisling and Elizabeth Stanton May 20 (Bloomberg) — A weeklong rout in stocks deepened, with U.S. benchmark indexes losing the most in more than a year, as reports cast doubts about the strength of the economic recovery and … Continue reading →

by Alix Steel 05/20/10 – 10:20 AM EDT NEW YORK (TheStreet ) — Gold prices were reversing double-digit losses Thursday as bargain hunters beat out investors’ need for cash for protection against global uncertainty. Gold for June delivery was rising … Continue reading →

Bloomberg.com By Rita Nazareth and David Merritt May 19 (Bloomberg) — Stocks and commodities slid and Treasury 10-year note yields neared the lowest level of the year after Germany banned some bearish bets against government bonds and banks. The euro … Continue reading →

In an important post today, former chief Merrill Lynch economist David Rosenberg writes: When we had the post-Lehman collapse, gold fell from $900 to $720 an ounce but it still managed to outperform other commodities and rise in many other … Continue reading →