Friday’s action notwithstanding, in which gold prices rose as the stock market sold off, safe-haven assets are suffering at the expensive of equities and other riskier assets. That’s what happens when the global economy appears…
Stocks closed sharply higher Monday with the Dow Jones posting a triple-digit gain as technology stocks rallied after Intel raised its dividend and expanded its share buybacks by $10 billion. The index last saw 12,000 in June 2…
For the past two years, the relationship between the dollar, stocks and gold was strong. When the dollar dropped, stocks and gold rose, and vice versa, nearly all the time. But since New Year’s Day, that link has completely van…
Stocks closed broadly higher Wednesday after Portugal’s government had no trouble in tapping global debt markets, helping ease European debt fears. The euro gained at the dollar’s expense, which lifted a broad basket of commodi…
Some are convinced the precious metal will keep rising, others that it’s tracing out a classic speculative bubble that’s ready to burst. Nobody has a crystal ball, but an “agnostic” technical analysis of the charts provides som…