Bank of America Is Forecasting a ‘Scary Summer’ for the Stock Market

Investors might want to add a little cash and some gold to their portfolio’s summer outfit. So say analysts at Bank of America Merrill Lynch, who are forecasting a grim summer for stocks this year. In other words, it might be wise to apply ample dollops of market-correction block in addition to any sunscreen you…

Bank of America Is Forecasting a ‘Scary Summer’ for the Stock MarketDetails

America’s Future Got $7 Trillion Worse Since the Financial Crisis

Still feeling uncomfortable about that tax bill you owed last month? Think about it this way: If you didn’t pay it, America’s fiscal future would look even worse than it does now, six years out from the financial crisis. Driven by higher interest costs, Social Security and Medicare for baby boomers, as well as tax…

America's Future Got $7 Trillion Worse Since the Financial CrisisDetails

Gold Takes Breather after Biggest Monthly Rise in 3 Years

Gold futures were flat on Monday after rallying to their biggest monthly gain in three years last week but the precious metal is poised to strengthen with U.S. stocks under pressure. Gold for April delivery on Comex GCJ5, -0.23%  settled at $1,279.20 an ounce, unchanged from Friday, while March silver SIH5, -1.70%  climbed 43 cents, or 2.6%, to $17.21 an ounce.…

Gold Takes Breather after Biggest Monthly Rise in 3 YearsDetails

Precious Metals Coveted Once More as Draghi Acts: Commodities

Investors’ desire for precious metals is deepening after Mario Draghi’s $1.2 trillion pledge drove gold to a five-month high and silver to the brink of a bull market. Their buying helped boost the value of exchange-traded products backed by gold and silver by $8.2 billion this month, the most since September 2012, data compiled by…

Precious Metals Coveted Once More as Draghi Acts: CommoditiesDetails

Russia Seeks Safe Haven in Gold, Away from Dollar and Euro

Russia is taking steps to ensure that it protects itself from any future dollar or euro sanctions. Moscow boasts the world’s 5th biggest foreign exchange reserves and the 6th largest gold reserves. In total, the assets amount to over $1.5 trillion. While the West is continuing to try and punish Russia via economic sanctions, the…

Russia Seeks Safe Haven in Gold, Away from Dollar and EuroDetails

Gaza Truce Collapses, Israel Orders Negotiators Home

A ceasefire in the Gaza Strip collapsed on Tuesday, with Palestinian militants firing rockets into Israel, prompting Israeli airstrikes that health officials said killed a woman and a young girl. Accusing Gaza Islamists of breaking the truce, Israel promptly recalled its negotiators from talks in Cairo, leaving the fate of Egyptian-brokered efforts to secure a lasting peace hanging in the balance.…

Gaza Truce Collapses, Israel Orders Negotiators HomeDetails