Running a leveraged hedge fund with a long position in gold has not been a lot of fun lately. The price of gold closed in New York at $1,225.20/oz on Wednesday. This was down by 4.1% on the day, lower by 18.6% year-to-date, and down by more than 35% …
Gold slides even as other commodities rise * Analysts cite liquidation, quarter-end book squaring * Bullion set for biggest quarterly drop since at least 1968 * Coming up: U.S. Reuters/UMich index Friday (New throughout, updates prices and market …
Gold prices, now at a three-year low, could continue to get hammered as investors reshape their views of the precious metal. Forecasts for $1,000 an ounce gold sound much less far-fetched than they did before the metal breached $1,300 on June 20.
It's been a rough couple of month for those who adopt the Ron Paul/Glenn Beck school of portfolio management. Gold, the prized investment of those who wish to guard against a looming hyperinflation or breakdown in society, has been falling sharply, and …
Not too long ago, gold was making all-time highs as investors poured into the yellow metal seeking safety. That is old news: the gold trade has completely broken down since last September, with bullion now down more than 30% since then, and possibly …
“It's kind of a roster where you have to go player by player and evaluate each situation to see where they are at and see how strong they are, but we are excited about a roster for the Gold Cup that really has a shot of winning it,” Klinsmann said in a …
The price of gold sank to its lowest level in nearly three years Wednesday, in a massive meltdown of the precious metals market. Gold is suffering as investors continue to weigh comments during the past week from Federal Reserve Chairman Ben Bernanke …
Global economic prospects remain weak, though downside risks have reduced thanks in part to significant policy actions taken in the US, euro area and Japan, and to the resilience of major developing and emerging market economies. Most financial markets …
What FedEx's Earnings Say About the Global Economy. Jun 19 2013, 19:08 by: Cullen Roche | about: FDX. Global economic bellwether FedEx (FDX) reported earnings today and provided us with a pretty good overview of the state of things. Here are some …