Markets

Gold tops $2,000 for first time ever on US stimulus hopes

Spot Gold briefly touched a record high of $US2,000 an ounce on Tuesday amid a rally for the commodity. Traders piled into the so-called safe-haven asset on hopes that another US stimulus bill is in the works. An additional bill could put further liquidity into markets and weigh on rates, […]
Gold tops $2,000 for first time ever on US stimulus hopes
Markets

MARC FABER: There Are No Safe Havens For Investors

With the October 17 debt ceiling deadline fast approaching and uncertainty about when the Fed will begin tapering its monthly $US85 billion asset purchase program, some investors are looking for safe haven to protect their wealth from rapid depreciation. But Marc Faber, author of “The Gloom Boom And Doom Report,” […]
MARC FABER: There Are No Safe Havens For Investors
Markets

Deutsche Bank: QE3 Could ‘Do More Harm Than Good For Gold Prices’

[credit provider=”flickr / Maximilian Paradiz” url=”http://www.flickr.com/photos/maxorz/3634768110/”] Gold bulls often argue that the yellow metal will only go up as long as central banks continue to employ easy monetary policy.However, this thesis has been around so long that it might not even work anymore.
Deutsche Bank: QE3 Could ‘Do More Harm Than Good For Gold Prices’
News

The First Safehouse For American Sex Trafficking Victims Just Opened In Texas

[credit provider=”Wikimedia Commons” url=”http://commons.wikimedia.org/wiki/File:9.000919_Pattaya_streetscene5.jpg”] HOUSTON — On the outskirts of the city, a two-story lodge with a wraparound porch is largely hidden on a 110-acre site in the woods. Horses graze in front of the building, and a volleyball court and educational centre stand behind. Down winding paths, are a […]
The First Safehouse For American Sex Trafficking Victims Just Opened In Texas
Markets

Major Asset Manager Can Think Of 12 Countries Offering Safer Government Bonds Than The US

[credit provider=”WhiteHouse.gov” url=”http://www.whitehouse.gov/photos-and-video/photogallery/g20-summit-los-cabos-mexico”] Natixis, the French investment bank and asset manager, is tackling the question: which countries’ bonds are really risk-free?It considers five criteria it says are necessary for a bond to play a “risk-free” role in an investor’s portfolio, and the U.S. is near the bottom of the list.
Major Asset Manager Can Think Of 12 Countries Offering Safer Government Bonds Than The US