Thursday, August 12, 2010

Foreclosures Continue to Rise

The number of U.S. homes lost to foreclosure surged in July, another sign lenders are moving quicker to take back properties from homeowners behind in payments. (Aug. 12)

Wednesday, August 11, 2010

Gold Trades Lower As Dollar Strengthens

Following the disappointing economic news today, gold moved lower to trade just below $1,200 per ounce. And while investors were moving into the yellow metal seeking safety, the spot price of gold could not avoid the strengthening US dollar.

Will Rhind : Outlook for Gold Prices

Outlook for Gold Prices
NEW YORK (TheStreet) -- Will Rhind, head of U.S. operations for ETF Securities, says the rest of summer will be slow for gold but the Fed's monetary easing and other macro factors will support higher gold prices over the long term.
Wed 08/11/10 12:19 PM EST -- Alix Steel
Stocks in this video: SGOL | PALL | GLD | SIVR | IAU | SLV | PPLT

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