Monthly Archives: August 2010

By Rita Nazareth and Lynn Thomasson Aug. 30 (Bloomberg) — Meyer Shields says earnings at Warren Buffett’s Berkshire Hathaway Inc. will increase the most since 2006 this year. He’s also telling investors to sell the shares because the economic recovery … Continue reading →

By Alix Steel, 08/31/10 NEW YORK (TheStreet ) — Gold prices shrugged off earlier losses and rallied Tuesday as investors bought gold as a safe- haven asset ahead of Friday’s jobs number. Gold for December delivery settled up $11.10 to … Continue reading →

By Allen Sykora (8-31-10, Kitco News)– “It is probably only a question of time” before gold returns to the record highs from June, says a research note from Commerzbank. For starters, the festival season has begun in the key consuming … Continue reading →

By Wes Goodman Aug. 27 (Bloomberg) — U.S. economic data are “alarming,” signaling the recovery is losing momentum, Mohamed A. El-Erian, Pacific Investment Management Co.’s chief executive officer, wrote in an opinion piece in the Washington Post. Unemployment is high, … Continue reading →

from “The Economic Collapse” website Sometimes there are things that are so shocking that you just do not want to report them unless they can be completely and totally documented. Over the past few years, there have been many rumors … Continue reading →

The World Gold Council’s latest quarterly recap of the gold market confirms much of the big-picture story we already knew: demand is strong (up 36 percent from a year earlier), supply (up 18 percent) is not keeping pace, and global … Continue reading →

George Soros has slashed the amount of money he is willing to gamble on the fortunes of the US stock market in the second quarter as market volatility increased. By James Quinn George Soros’ fund has approximately $25bn under management … Continue reading →

Ron Paul Calls for Audit of US Gold Reserves : Kitco News Exclusive By Daniela Cambone Of Kitco News “If there was no question about the gold being there, you think they would be anxious to prove gold is there,” … Continue reading →

By Claudia Assis, Aug. 25, 2010, 1:01 a.m. EDT SAN FRANCISCO (MarketWatch) — Gold demand reached 1,050.3 metric tons in the second quarter, 36% higher than the same quarter in 2009, mostly thanks to soaring investment demand, a report from … Continue reading →

by Alix Steel, 8/25/10 NEW YORK (The Street) — Gold prices were rallying Wednesday as investors fled into the safe-haven asset as global stock markets slid and the Dow Jones Industrial Average fell below 10,000. Gold for December delivery was … Continue reading →