Monthly Archives: March 2013
Ignore Banks’ Bearish Statements on Gold
Ignore Banks’ Bearish Statements on Gold By Jeff Clark, Senior Precious Metals Analyst 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 … Continue reading
Fighting the Next War
The unemployment rate remains stubbornly high. But other than that, the economy seems to be pleasantly improving. Sure the dark clouds on the horizon from Cyprus could take some of the wind out of the stock market’s sails. Nonetheless, the … Continue reading
Dark Clouds on the Horizon
Wow! Just when we thought we’d seen it all, something fantastic happened. What a delightful treat… The tiny island nation of Cyprus has the whole European continent welcoming spring with the frosted hearts of a December blizzard. For a brief … Continue reading
On Price Distortions and Landmines
Former Federal Reserve Chairman Alan Greenspan told CNBC on Friday that the Dow’s new highs and 10-day run were not the result of “irrational exuberance.” On cue, the Dow took a 25 point nose dive…closing out the day with its … Continue reading
