Tag: gold
Will Mideast Turmoil Hoist Gold to a New High?
by Dan Burrows on Feb.24, 2011, under Towing
Gold bugs love bad news, and civil war in Libya, Africa’s third-largest oil producer, couldn’t have come at a better time. After dropping a hundred bucks in January, February’s upheavals have pushed gold back within striking distance of nominal all-time highs.
Continue reading Will Mideast Turmoil Hoist Gold to a New High?
Will Mideast Turmoil Hoist Gold to a New High? originally appeared on DailyFinance on Thu, 24 Feb 2011 15:00:00.
Stocks Fall and Oil Gains for Second Day on Libyan Violence
by Dan Burrows on Feb.23, 2011, under Towing
Stocks fell again on Wednesday, and oil prices briefly crossed the $100-a-barrel mark after violence escalated in Libya. Oil traders are spooked about the possible spread of turmoil. Tech bellwether HP’s disappointing outlook also hurt.
Continue reading Stocks Fall and Oil Gains for Second Day on Libyan Violence
Stocks Fall and Oil Gains for Second Day on Libyan Violence originally appeared on DailyFinance on Wed, 23 Feb 2011 16:30:00.
Filed Under: Energy, Economy, Investing, Hewlett-Packard, Home Depot, Exxon Mobil, Chevron, Market News
Stocks Plunge and Oil Spikes on Libya Turmoil
by Dan Burrows on Feb.22, 2011, under Towing
The Dow suffered a steep triple-digit loss Tuesday as turmoil in Libya ignited a global sell-off in stocks. Oil prices rose sharply, as did safe-haven assets such as Treasurys and the dollar. Disappointing news from Walmart didn’t help matters.
Continue reading Stocks Plunge and Oil Spikes on Libya Turmoil
Stocks Plunge and Oil Spikes on Libya Turmoil originally appeared on DailyFinance on Tue, 22 Feb 2011 16:20:00.
Filed Under: Energy, Economy, Investing, Earnings, Bank of America, Wal-Mart Stores, Market News
Wall Street Is Bracing for a Rocky Week
by Dan Burrows on Feb.22, 2011, under Towing
Deadly clashes in Libya sent shockwaves through various markets yesterday, setting the stage for more turbulence in the sessions ahead. Gold and oil have already spiked higher on world markets, and U.S. investors will also see some major earnings and economic reports.
Continue reading Wall Street Is Bracing for a Rocky Week
Wall Street Is Bracing for a Rocky Week originally appeared on DailyFinance on Tue, 22 Feb 2011 06:30:00.
Filed Under: Energy, Economy, Investing, Earnings, Hewlett-Packard, Home Depot, Wal-Mart Stores, Stocks in the News, Market News
U.S. National Debt Is Huge, but It’s Not a Catastrophe
by Joseph Lazzaro on Jan.29, 2011, under Towing
Without a doubt, this country’s debt overhang needs to be chopped considerably. But does a large national debt doom a nation to economic ruin? Only if you believe that countries like Germany, France, and Japan are economic basket cases, too.
Continue reading U.S. National Debt Is Huge, but It’s Not a Catastrophe
U.S. National Debt Is Huge, but It’s Not a Catastrophe originally appeared on DailyFinance on Sat, 29 Jan 2011 10:00:00.
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