“This gags me.” So said Elizabeth Warren in response to a Quora user, who asked, “What do you think are the real reasons that no Wall Street executives have been prosecuted for fraud as a result of the 2008 financial crisis?” Her answer, which she expounds on more thoroughly in her report Rigged Justice, is, “Weak…
Why was No One Prosecuted for Contributing to the Financial Crisis?DetailsConsumers are lapping up gold at a time supply is declining, helping underpin a rally in the precious metal, a market participant said Monday. Demand from emerging markets in particular is strong as currencies such as the Indonesian rupiah, the Malaysian ringgit and theVietnamese dong has fallen sharply in the last 12 to 18 months…
Strong Demand from Emerging Markets, Limited Supply Keeping Gold Prices UpDetailsGold is up nearly 20 percent in 2016, and that has veteran trader Dennis Gartman urging investors not to sit out on the rally. “The trend is up, the trend has been up for the last several months and I continue to think that as long as the monetary authorities are going to remain as expansionary…
Until This Happens, Keep Buying Gold: GartmanDetailsRogers Holdings Chairman Jim Rogers is certain that the U.S. economy will be in recession in the next 12 months. During an interview on Bloomberg TV with Guy Johnson, the famous investor said that there was a 100 percent probability that the U.S. economy would be in a downturn within one year. “It’s been seven years, eight…
Jim Rogers: There's a 100% Probability of a U.S. Recession Within a YearDetailsThe former director of the U.S. Mint, Philip N. Diehl, will be discussing, gold, exclusive coins, and Individual Retirement Accounts (IRAs) on CNNMoney at 3:00 PM EST, Monday, March 7. The segment will discuss why gold has been soaring over the past 30+ days, creating a near-bull market. Bloomberg has even said gold is the…
Former U.S. Mint Director Talks Gold and IRAs on CNNMoneyDetailsOn Monday, March 7, Philip N. Diehl brings his 30 years of experience to FOX Business to talk gold, exclusive coins and Individual Retirement Accounts (IRAs). The segment, which airs at 6:30 AM EST on Mornings with Maria, will be educational to both new gold buyers and experienced holders of precious metals alike. Diehl, former…
Philip N. Diehl Talks Gold, Coins, and IRAs on FOX BusinessDetailsGold is having an epic bull run. How good is it? The precious metal’s start to 2016 just reached historic proportions. The precious yellow metal just capped off a 3.1% weekly gain with its best performance through March 4 ever, according to Dow Jones’s research team. FactSet’s database goes back to 1984 and is based…
Gold Futures Just Marked the Best Start to a Calendar Year—EverDetailsGold futures rose Wednesday as U.S. stocks slipped, despite employment data that showed continued labor market strength. The contract for April delivery, the most heavily traded, settled up 0.9% at $1241.80 a troy ounce on the New York Mercantile Exchange. Gold futures are now up about 17% on the year, according to FactSet figures. Stocks…
Gold Gains as U.S. Stocks SlipDetailsI occasionally go back through my blog posts to see how my predictions bore up after a year or so. This can be humbling, but sometimes you get it right. I’ll leave it to others to dig up the ones where I missed the mark. In August 2013, The Wall Street Journal Online and Asia…
If you follow gold, it bears to keep an eye on ChinaDetailsLimited Production of 1oz., 1/4 oz. and 1/10 oz. Gold and 1 oz. and 5 oz. Silver Coins Honor the 75th Anniversary of those Who Served During the Attack on Pearl Harbor AUSTIN, Texas, March 1, 2016 /PRNewswire/ — As the world prepares for the 75th anniversary of the attack on Pearl Harbor, U.S. Money Reserve, one of world’s…
U.S. Money Reserve Releases Exclusive Perth Mint 75th Anniversary Pearl Harbor Gold And Silver CoinsDetailsGlobal junk-bond defaults will rise to the highest level in seven years in 2016 as a prolonged downturn in commodity prices continues to wreak havoc on company profits and balance sheets, according to Moody’s Investors Service. The ratings company forecasts that the speculative-grade default rate will reach 4 percent this year, up from 3.5 percent…
Moody's Sees Junk Defaults Reaching Highest Since 2009DetailsGold has performed better than most other major asset classes this year, rallying around 16 percent since the start of the year as investors rushed into traditional the safe haven asset. With the price of the precious metal moving higher this week as sterling has plummeted, analysts are comparing gold’s moves to the European currency…
Gold Moves Revive Memories of 1990s Currency CrisisDetailsYou have been signed up for price alerts for this product.
