I don't know any asset that's gone up 12 years without a down year, and gold needed and deserved a correction. And, if it's going to happen where would it go? $1,200 was between 35% – 40% and 35% – 40% reactions are commonplace, so that was the first …
Murray, who will this weekend play Serbian Novak Djokovic in the Wimbledon final, described the singles title as the "pinnacle" of tennis, but said he was doubtful that anything could beat the moment he won a gold medal last year. He said: "Winning …
Gold's loss was mainly due to the very strong U.S. jobs numbers, said Jason Rotman, president of Lido Isle Advisors. “Gold caught a short-covering rally combined with a safe-haven bid last week (on Egypt protests), but today the strong fundamentals of …
Whilst this manipulated dynamic equilibrium is being established, global markets are imploding. For once, the global markets are actually signalling where the US should be going. Strategists are opining the wisdom of the “Long US and Short the Rest …
"Precise weapons, in effect, doesn't yield to strategic weapons in terms of its capabilities, which affects global power balance," Putin said, adding that Russia also must counter militarization of outer space and cyberspace as well as special operations.
Financial markets, of course, knew deep down that the Federal Reserve would have to start withdrawing its extraordinary monetary stimulus once the U.S. economy was out of the emergency ward.
A tapering of Quantitative Easing (QE) by the US Federal Reserve may hurt global growth, according to QNB Group. While the evidence is mixed on how much support QE provides to the US economy, the Fed's announcement on June 19 of its intention to …
The program sends groups of 12 to 15 to countries around the world to help emerging markets move forward in terms of economic development. Since its launch in 2008, IBM has sent 2,400 of its best employees to 34 countries; that figure includes 50 …
It was one of 150 lots in a live auction in February featuring the fine jewelry, watches, bullion and coins formerly belonging to Rita Crundwell of Dixon. But Crundwell wasn't the benefactor of the proceedings. The U.S. Marshals Service was. The former …