Author Archives: C.Carver

Dec. 14, 2010, 2:15 p.m. EST WASHINGTON (MarketWatch) – The Federal Reserve Tuesday left its key interest rate and the size of its bond purchase program unchanged, as widely expected. The central bank’s rate-setting Open Market Committee maintained the target … Continue reading →

“PRICE WILL AVERAGE $1,550 NEXT YEAR” – UBS ANALYST Bloomberg News By Pham-Duy Nguyen – Dec 14, 2010 10:55 AM PT Gold futures topped $1,400 an ounce on speculation that U.S. borrowing costs will remain low, boosting the appeal of … Continue reading →

By Pham-Duy Nguyen – // Dec 13, 2010 8:51 AM PT Gold rebounded from the biggest weekly loss in a month after China’s decision to refrain from raising borrowing costs boosted demand for the precious metal. Silver and palladium also … Continue reading →

BLOOMBERG NEWS By Kevin Costelloe – Dec 10, 2010 7:12 AM PT Representative Ron Paul, a Texas Republican who next month will take control of the House subcommittee that oversees the Federal Reserve, said today that he will “not really, … Continue reading →

Examiner.com December 10, 2010 Ron Paul issued a press release that he has been “appointed to head the Domestic Monetary Policy Subcommittee of the House Financial Services Committee in the 112th Congress. The subcommittee has jurisdiction over monetary policy, currency, … Continue reading →

REUTERS BEIJING | Wed Dec 8, 2010 6:40am EST BEIJING (Reuters) – The U.S. dollar will be a safe investment for the next six to 12 months because global markets are focused on the euro zone’s troubles but America’s fiscal … Continue reading →

Gold Rises to an all-time high at $1,429.40 an ounce By Manuela Badawy, Mon Dec 6, 2010 10:20pm GMT NEW YORK Dec 6 (Reuters) – The euro tumbled against the dollar on Monday, gold rose to a record high and … Continue reading →

By Joshua Zumbrun Dec. 6 (Bloomberg) — Federal Reserve Chairman Ben S. Bernanke said the economy is barely expanding at a sustainable pace and that it’s possible the Fed may expand bond purchases beyond the $600 billion announced last month … Continue reading →

12/6/10 6:36 PM, Source:  National Inflation Association Federal Reserve Chairman Ben Bernanke was a guest on ’60 Minutes’ this evening and the National Inflation Association felt it was important to address Bernanke’s comments. Bernanke claims to be concerned primarily about … Continue reading →

06 December 2010, 8:15 a.m. By Jim Wyckoff Of Kitco News Comex gold futures prices on Monday morning are higher, hit a fresh four-week high and are now within striking distance of the all-time record high. Reports said spot gold … Continue reading →