Housing Better But Has Not Bottomed, Tilson Says

Tilson doesn't forecast "another calamity to come," but thinks housing is won't bottom until those homes are off the market, forecasting at least another 10% decline in prices and no true bottom for another year, at the earliest.

Asian Currencies Yen Yuan won Rupiah strengthened against the falling Dollar

South Korea’s won strengthened, approaching a one-year high, on speculation an improving economy will draw more funds to the nation’s assets. Bonds declined. (Source Bloomberg)

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Gold Price Reaches record High

Garofalo of Agnico-Eagle Sees Gold Reaching All Time High

David Garofalo, chief financial officer of Agnico-Eagle Mines Ltd., told Bloomberg he believes in cycles .Canadian Agnico-Eagle's shares are up 20% and future looks rosey for them as the gold prices is continuing its rally