Today’s revelation of China’s surge in gold imports in the month of November from its principal gold dealer, Hong Kong, exposes Western financial media for the umpteenth time for its blatant propaganda (at the behest...
Read MoreIn the first few days of 2012, the US mint has already sold 4.3 million ounces in silver coins. This is more than in all individual months of 2011 except for January and September, when the mint sold 6.4 million and 4.5 million...
Read MoreMario Gabelli of GAMCO Investors discusses dividend stocks and the industries that have the best prospects for maintaining their dividends. He specifically mentions Nestle (NSRGY), General Mills (GM), Bristol-Myers Squibb (BMY),...
Read MoreThe nation’s debt has reached a symbolic milestone. With gross domestic product of roughly $15 trillion and total debt of $15.23 trillion, our total debt is now bigger than our economy, as USA Today noted Monday....
Read MoreJ.P. Morgan Chase (JPM) Chief Executive Jamie Dimon said Monday that the U.S. housing market has neared its bottom, though it could remain there for a year. Speaking at his investment bank’s health-care conference Monday,...
Read MoreThere is a “significant” chance that Italy will have its credit rating downgraded this month, an executive at the ratings agency Fitch has said. David Riley, Fitch’s head of global sovereign ratings, cited the...
Read MoreThe interview can be found here
Read MoreBillionaire investor George Soros said Europe’s sovereign-debt woes are “more serious” than the financial crisis of 2008 and that the world faces the prospect of a “vicious circle” of deflation....
Read MoreChina’s banks ratcheted up lending in the last month of 2011 on the back of stronger money supply, reinforcing perceptions that the central bank is gently easing policy to cushion the impact of the global economic...
Read MoreGold bugs argue that Gold is far from being a Bubble. Especially not when you look at the following comparison, which plots Gold’s rise versus the Nasdaq’s rise in the 1990?s. Chart: Marketwatch The Bear Camp...
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