Monthly Archives: August 2010

By Jim Wyckoff Of Kitco News The gold market has come roaring back from early profit-taking selling pressure Tuesday morning, as bargain-hunting traders “bought the dip” and fresh safe-haven buying interest entered the market. December Comex gold last traded up … Continue reading →

Aug. 24 (Bloomberg) — Stocks tumbled, the 10-year Treasury yield fell to the lowest in 17 months and the yen surged to the highest versus the dollar since 1995 as a bigger-than-estimated plunge in home sales stoked concern the economy … Continue reading →

By John Gittelsohn and Bob Willis Aug. 23 (Bloomberg) — Housing led the U.S. out of seven of the last eight recessions. This time, it may kill the recovery. Home sales collapsed after a federal tax credit for buyers expired … Continue reading →

The Source is WSJ.com Europe’s home for rapid-fire analysis of the day’s big business and finance stories. It is edited by Lauren Mills, based in London. By Alen Mattich, August 23, 2010 Could the Federal Reserve’s decision to restart its … Continue reading →

Numismatic News By Patrick A. Heller August 24, 2010 The week ended Aug. 11 was the 15th consecutive week where domestic stock mutual funds experienced a net outflow of investor money. This is the longest streak of weekly outflows since … Continue reading →

NEW YORK (The Street) — Gold prices were rallying past $1,230 an ounce Thursday as investors bought gold after more signs of a weak labor market. Gold for December delivery was up $6 to $1,237.40 an ounce at the Comex … Continue reading →

August 17, 2010 By Allen Sykora Of Kitco News (Kitco News) — Worries about a fragile U.S. economy are likely to keep investors shifting toward gold and could push the metal to fresh record highs near the $1,300 area by … Continue reading →

by Alix Steel 08/16/10 – 08:45 AM EDT NEW YORK (The Street) — Gold prices were climbing Monday as persistent signs of a weakening global economic recovery reignited gold’s appeal as a safe haven asset. Gold for December delivery was … Continue reading →

by Brett Arends Friday, August 13, 2010 provided by Could Wall Street be about to crash again? This week’s bone-rattlers may be making you wonder. I don’t make predictions. That’s a sucker’s game. And I’m certainly not doing so now. … Continue reading →

8/13/10 – Written by Eric Rosenbaum from New York. NEW YORK (TheStreet) — It may just be the summer doldrums, or the ominous occurrence of a Friday the 13 in mid-August, but the Hindenburg Omen — a technical indicator of … Continue reading →