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Time for an Emergency Rate Hike? Gold (GLD) Takes 2% Hit
All these years in the market and I’ve only seem emergency rate cuts to goose the stock market (and economy). With the “good news” today, should Ben Bernanke not be holding an emergency meeting to increase rates today? Will that ever happen in the next 200 years?
Gold is taking a hit (-2%+) as the most [...]
What the Heck is Going on During Mondays Lately? Always Up
I’ve noticed Mondays have been very strong lately; the past few weeks government officials worldwide reiterated stimulus, money printing, and more stimulus – first in the G20 (2 weekends ago) and then in Asia (last weekend). But then I thought back and it seemed like every Monday we seem to walk in to things that [...]
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Latest Headlines
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- Open Mike: Greece's ProfitabilityForbes editors debate whether now is the time to invest in Greece. […]
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- AIG Squeezed HigherShort-covering could be driving the insurer's rally, but at least credit recent asset sales with an assist. […]
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