Markets

Mar 28, 2013 at 13:52

Recall that Bankia is the large Spanish bank that was partially nationalized' in 2012, and that received 18 billion euros in new equity funds at the end of 2012. At…

Mar 28, 2013 at 12:50

Today I'm going to start off with a look at the big picture. There is a fundamental reason why gold has been going up for 13 years. That same fundamental…

Mar 28, 2013 at 11:01

These days gold and silver seem to attract more attention than pretty much any other commodity, perhaps other than oil, and not a day goes by without numerous commentators ...

Mar 28, 2013 at 09:45

When it was announced that both large and small depositors were to have a percentage of them seized, it was not the amount that horrified the world but the discovery…

Mar 28, 2013 at 09:21

In an earlier post I pulled the old HUI 888 skeleton out of my closet. 888 (AKA the 3 Snowmen) was a target measurement based on how the chart looked…

Mar 28, 2013 at 06:14

EUR/USD has broken its support at 1.2844, which calls for further weakness towards the next key support at 1.2662 (13/11/2012 low). An hourly resistance is at 1.2890 (26/03/2013 high). Another…

Mar 27, 2013 at 14:35

Goldman Sachs has lowered its gold price projections and says the metal is headed to $1,200. Credit Suisse and UBS are bearish. Citigroup says the gold bull market is over.…

Mar 27, 2013 at 14:17

By now most people are aware of the events unfolding in Cyprus. The financial world was rocked by the announcement that the "Troika" of the European Central Bank (ECB), International…

Mar 27, 2013 at 14:00

Marc Faber, publisher of the Gloom, Boom & Doom report, appeared on "Bloomberg Surveillance" with Tom Keene and Alix Steel today, saying that he sees "considerable downside risk" for U.S.…

Mar 27, 2013 at 13:52

This year's trip to the Prospectors and Developers of Canada convention in Toronto was less enlightening than usual but was a good gauge of sentiment. Just about everyone goes to…