Wednesday, December 23, 2009

The Best Gold Trade David Greenberg

NEW YORK (TheStreet) - Dan Dicker, expert trader, and David Greenberg, president of Sterling Commodities, break down gold prices and how to buy this pullback.

Stocks in this video: SGOL | GDXJ | GLD | IAU | GDX

Blanch Says Oil, Base Metals to Rise Gold to Struggle

Dec. 23 (Bloomberg) -- Francisco Blanch, global head of commodities research at Bank of America Merrill Lynch, talks with Bloomberg's Rishaad Salamat about the outlook for 2010. Speaking in London, Blanch discusses base metals, energy, gold and agricultural commodities.

Shrinking Consumer Credit Threatens Holiday Retail Sales

Dec. 23 (Bloomberg) -- U.S. retailers may lose almost $9 billion in holiday sales as banks rein in lending to cash-strapped consumers before a new credit-card law takes effect. The Credit Card Accountability, Responsibility and Disclosure Act, which goes into effect in February, bans the practice of raising interest rates based on a missed payment with another lender. Bloomberg's Monica Bertran reports. (Source: Bloomberg)
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