The European Central Bank will lend euro-area banks a record amount for three years in its latest attempt to keep credit flowing to the economy during the sovereign debt crisis. The Frankfurt-based ECB awarded 489 billion euros...
Read MoreBy Jeff Clark, Casey Research It wasn’t a fun week for gold. By the close on Friday, the metal was down 6.7% (based on London PM fix prices), the biggest weekly decline since September. It got downright irritating when the...
Read MoreWhat do you get when you mix negative real interest rates with stimulative money supply efforts by global central banks? An exceptionally potent formula for higher gold prices that could send gold to the unimaginable level of...
Read MoreBenjamin Graham is the father of value investing. His strategy was focused on purchasing securities where the price was much lower than the total liquidation value of the corporation. This concept of purchasing stocks with a...
Read MoreResearch In Motion Ltd. earlier this year turned down takeover overtures from Amazon.com Inc. and other potential buyers because the BlackBerry maker prefers to fix its problems on its own, Reuters reported Tuesday citing people...
Read MoreBear markets usually end with a whimper, not a bang. No one on Wall Street fired a pistol in the air in 1932, or in 1982, to announce that shares had stopped falling. These were some of the most interesting investing...
Read MoreA copy of Manhattan, complete with Rockefeller and Lincoln centers and what passes for the Hudson River, is under construction an hour’s train ride from Beijing. And like New York City in the 1970s, it may need a bailout....
Read MoreNot since the spring of 2008 have the nation’s homebuilders felt this good about the potential for new business. An industry association survey measuring builder sentiment rose for the third straight month in December,...
Read MoreConsider the following picture: Recent growth has relied on a huge construction boom fueled by surging real estate prices, and exhibiting all the classic signs of a bubble. There was rapid growth in credit — with much of...
Read MoreBank of America’s (NYSE: BAC) common stock is in desperate shape and the action is painting a picture which suggests things are “really that bad” at the behemoth bank. Things look so dire that Warren Buffett...
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