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Gold prices hit record high - TopNews
all 51 news articles
20 Nov 2008, 9:45 am | click here to view more
Could the US Dollar be a “doomed” currency? Jim Rogers seems to think so
Could the US Dollar be a “doomed” currency? Jim Rogers seems to think so Posted by: Alex Stanczyk 20 Nov, 2008 In a recent interview with Financial Times, mega-investor Jim Rogers had some interesting comments about the fate of the US Dollar. He sure doesnt mince words. *** Insight: The dollar is a flawed currency By Jim Rogers Published: November 17 2008 16:05 | Last updated: November 17 2008 16:05 The following are excerpts from this week’s View from the Markets online interview
20 Nov 2008, 9:31 am | click here to view more
Oil
I keep my eye trained on commodities and energy for signs of a turnaround. I must say, my purchase of DBA a few days ago has held up incredibly well through every this. It's a six-figure position, and as of last night it had a $230 loss. I'll gladly take that! Looking at crude oil, we had fallen to the close-bottom of an extremely long-term channel; the last time it touched this level was November 2001. Not surprisingly, OIH is also pushing its lowest fan line (although as of this writing it i
20 Nov 2008, 9:22 am | click here to view more
What will Ben Bernanke do next?
Here is Ed Yardeni's very interesting take: I know what Ben Bernanke will do next, and it should be very bullish for stocks, bonds, commodities, and real estate. He soon will target the 10-year Treasury yield at 2.50%. It was at 3.40% yesterday. That would immediately bring the mortgage rate down to 4%-5%. The inventory of unsold existing and new homes will plunge as homebuyers swarm back into the real estate market. Home prices would cease falling, and might start rising again. The stock marke
20 Nov 2008, 9:12 am | click here to view more
The markets are going down because we are technically broken NOW
The markets are going down because we are technically broken NOW By Daniel | November 20, 2008 look at F, GM, GS, C…earnings will cont to arrive down…PE ratios dont matter right now…credit markets getting worse not better…unemployment skyrocketing, the consumer either broke or frozen in fear…the dollar only rising for technical reasons but we every know it will fall off a cliff soon enough. There is no way a economy based on credit expansion can do well in the worst credit tightening cycle we hav
20 Nov 2008, 1:39 pm | click here to view more
Goldman Backs Off Its Oil ?Super Spike? Theory
TURNS OUT, $200 CRUDE WAS TOO AGGRESSIVE A CALL That ‘’super spike” in oil prices that Goldman insisted would lift crude to $200 a barrel ….? Turned out to be a dagger that has pierced Goldman itself. It never really turned out to be that prescient: instead of the 50% jump in oil that Goldman anticipated back in May, when it made the call with crude trading at $132, the price of a barrel never got more than 11% higher. And has since, of course, lost fully two-thirds of that price in the interv
20 Nov 2008, 1:09 pm | click here to view more
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20 Nov 2008, 12:50 pm | click here to view more
“Sailing to Byzantium”
By Geoffrey Cook, MMNS International activists depart for Gaza from Larnaca November 7, 2008. Eleven European politicians sailed to Gaza from Cyprus on Friday after saying attempts to receive into the impoverished enclave via Egypt failed. REUTERS/ Andreas Manolis Paul Laudree’s Report on running the Israeli Blockade into Gaza with Relief Packets. Sunnyvale, California–November 13th–The UN had to end its food distribution due to the lack of security since Hamas (Gaza’s ruling Part
20 Nov 2008, 12:41 pm | click here to view more
Suri Cruise beats Shiloh Jolie-Pitt in celebrity toddler smackdown - Zap2it.com
Suri Cruise beats Shiloh Jolie-Pitt in celebrity toddler smackdown - Zap2it.com MTV UK Suri Cruise beats Shiloh Jolie-Pitt in celebrity toddler smackdown Zap2it.com - 1 hour ago By Hanh Nguyen The days of kids being cute or merely bringing joy to our lives are gone. Forbes has determined that with such difficult economic times, babies are valuable commodities too. Suri Cruise tops list of Hollywood's power kids Washington Post Suri Cruise tops Forbes.com list of ‘Hollywood's 10 Hottest Tots’
20 Nov 2008, 12:33 pm | click here to view more
Caprock Analytics Stock Ratings
Stock-Net presents custom stock ratings, powered by Caprock Analytics. These stocks, which represent a tiny portion of every rated stocks, highlight a sample of the strongest rated stocks from over 4,000 stocks that are actively tracked and analyzed by Caprock Analytics. To view every of the top rated stocks updated on a daily basis, please register for FREE at Caprock Analytics, login, and view the updated Stock rating lists on the website. The Caprock Analytics Strength Metric is a proprietary
20 Nov 2008, 12:04 pm | click here to view more
W(H)AM! Microfinance and the Leadership Challenge
by Kathryn Nilsson Reichert (New York City) Founded in 2003, Women Advancing Microfinance International (WAM) is an international organization based in Washington, D.C. and with branches around the world whose mission is to “advance and support women working in microfinance through education, training, and by promoting leadership opportunities.” They also seek to promote the providing of financial services to the needy and economic opportunities to women worldwide. A recent WAM event in New Yo
20 Nov 2008, 12:00 pm | click here to view more
Numismatic News and Blog Headlines - Nov 20, 2008
Four numismatic articles are referenced on CoinNews every Tuesday and Thursday. These articles are not authored by us, but we recommend collectors read them for their unusual or interesting content. Here are today’s articles: Picture Perfect: Capture Your Coins on Film By Mike Thorn, Coins Magazine Of the many topics I’ve discussed in this column, coin photography has not been one of them. The main reason for this lack of discussion is that until fairly recently I’ve not had any expertise
20 Nov 2008, 11:40 am | click here to view more
Eastern tradewinds faltering fast
The troubles courting the commodities trade to the East appear to be getting worse. The cheapest barrels of gasoline in the world are now those being sold into Singapore at some $37 per barrel, $6 less than those sold to the Med. The crisis is particularly appalling in naphtha, where reports are mounting of cargoes that just can't be shifted....
20 Nov 2008, 11:00 am | click here to view more
Dow testing 8000
After a 200 point drop on the opening following the ugly jobless claims report, Dow climbed back in an overdo rally of an over sold market. But that did not hold, it's slipping back again, down 69, decliners over advancers 3-1 while NAZ is even. Nice rebound! S&P 500 FINANCIALS INDEX hit another new low. As recently as 2 months ago, this index "rose" to 300 (still far below 500+ reached in June 2007): Value 134.51Change -5.33 % Change -3.8% The Alerian MLP Index dropped 12 to 162, nearing
20 Nov 2008, 10:57 am | click here to view more
How To Benefit From The 'Knowledge Economy'
By Alex Robinson Commodities are bought and sold on the principle of scarcity. Knowledge is too, but how do you sell it quickly and easily over great distances? The answer may finally be here. Copyright (c) 2008 Alex Robinson For centuries international trade was built on one simple maxim: Take something from where it is plentiful and sell it somewhere where it is scarce. The success of this, the most basic of economic models, depended not only on sourcing commodities (pepper, tea, gold, coa
20 Nov 2008, 10:53 am | click here to view more
Fed Up With Fed Credit
by The Mogambo Guru I was too scared to look at Total Fed Credit myself (the "money from thin air" stuff that the Fed keeps pounding into the banks) because it seems to me to be turning into a Gorgon - a creature so hideous that if you looked at one, you would turn to rock; of course, in my case I was turned into a rock-hearted paranoid lunatic gold bug, and now I spend my time bellowing in outrage and fear at the sheer amount of money that is being created every of a sudden to satisfy the stu
20 Nov 2008, 10:31 am | click here to view more
Market News
Market News November 20th, 2008 World Markets U.K. MARKET REPORT FTSE slides 1.6 pct as U.S. outlook darkens 7:12am EST (For more on the financial crisis, click on [nCRISIS]) Full Article European Market Report Europe shares slide 5.5 pct as Wall St falls 10:17am EST LONDON, Nov 20 (Reuters) - European shares extended losses in afternoon trade on Thursday, trading 5.5 percent lower as banks and oil shares tumbled and Wall road slid in early U.S. trade. Full Article Tokyo Market Repor
20 Nov 2008, 10:23 am | click here to view more
General Santos City
The City of General Santos (abbreviated G.S.C. or Gensan.; Filipino: Lungsod ng Heneral Santos, Cebuano: Dakbayan sa Heneral Santos) is a city in the Philippines. Situated in the southern part of the country, in the province of South Cotabato. The city has a population of 411,822 as of the 2000 census, making it one of the more populous cities in the Philippines. It is nicknamed as the "Tuna Capital of the Philippines". General Santos City is bounded by three municipalities of Sarangani P
20 Nov 2008, 10:21 am | click here to view more
Stocks fall after jobless claims jump - The Associated Press
Stocks fall after jobless claims jump The Associated Press - 22 minutes ago The dollar was mixed against other major currencies, while gold prices rose. Investors who have been groping for a bottom to the yearlong market rout are ...
20 Nov 2008, 10:09 am | click here to view more
The State of Food and Agriculture 2008
Paint a scenario with a human population of 6.4 billion — with nearly 854 million men, women and kids chronically hungry — where, in every, over 2 billion people lack food security — we have a problem. The Food and Agriculture Organization has released The State of Food and Agriculture 2008. The report explores the implications of the recent rapid growth in production of biofuels based on agricultural commodities. The boom in liquid biofuels has been largely driven by policies in developed c
20 Nov 2008, 10:04 am | click here to view more