Concern about $2 trillion in retirement losses - October 9, 2008 9:30

The first question to open the second Presidential debate on Tuesday night was from a future retiree concerned about the losses of financial savings and assets of American workers in the current economic crisis. The second debate featured a “Town Hall” format, meaning the questions posed to the candidates were created by and delivered by [...]

Load Up on Gold - October 9, 2008 9:28

The Gold Report: When we spoke in mid-July, at the height of the market, you predicted a major downward correction. Roger Wiegand: The call was pretty accurate, although the oversell was surprisingly deep. The reason was the hedge funds had gotten into a position where they had to raise cash as crude oil was starting [...]

Gold Leaps as Stocks, Oil & Commodities Tumble - October 6, 2008 15:13

SPOT GOLD PRICES jumped $34 early in London on Monday, bouncing well above last Friday’s low at $820 to touch $860 an ounce as world stock markets sank in the face of desperate promises of Tax-Funded Aid from major governments.

Dow gains 485 points, but does anyone care? - October 1, 2008 8:06

The Dow Jones Industrial average had its third highest one day total points gain ever Tuesday (September 30), and it could not have happened in a quieter fashion. Many analysts had anticipated a rebound Tuesday in lieu of any detrimental news on the Street. Monday’s 777 point drop in the Dow was the index’s largest [...]