A weaker day for stocks is brewing on Tuesday, as optimism about the US stimulus progress. The asset that stole the show on Monday, of course, was GCQ20 gold, -0.34%, which rose to $ 1,931 an ounce, the highest settlement in history. That prompted the crowd to expect $ 2,000 …
Read More »
SYDNEY (Reuters) – Gold hit record highs on Tuesday before the sheer size of its earnings sparked a profit-taking explosion, which in turn helped the dollar from two-year lows and curbed initial capital gains. FILE PHOTO: Gold bars are stacked in the safe deposit room of the Pro Aurum Gold …
Read More »
SYDNEY (Reuters) – Gold rocketed to record highs of $ 1,975 on Tuesday, while the US dollar fell to two-year lows as investors betting on the Federal Reserve would reaffirm its super easy political outlook this week, and a tolerance to higher inflation. FILE PHOTO: Gold bars are stacked in …
Read More »
“ ‘This market is shaping up to be one of the greatest short opportunities of all time. The problems are coming, I don’t know when, but they are coming. “ That’s legendary short seller Jim Chanos, fresh out of a $ 100 million victory, casting sadness over the current state …
Read More »
(For a live blog on the US stock market, click or type LIVE / in a news window) * Hasbro falls after loss of earnings * Modern as the late-stage study begins for the COVID-19 vaccine * United States Republicans likely to reveal $ 1 trillion aid proposal * Walgreens …
Read More »