U.S. Default Could Create Surge in Gold Demand
ThinkstockIf the U.S. Congress and the president cannot agree on terms under which the federal debt ceiling can be raised, the federal government likely would run out of cash by the end of…
ThinkstockIf the U.S. Congress and the president cannot agree on terms under which the federal debt ceiling can be raised, the federal government likely would run out of cash by the end of…
ThinkstockGiven the dramatic decline in share prices, some investors may perceive gold equities as inexpensive. The analysts at Jefferies strongly disagree. In their opinion, gold equities rarely have been more expensive, when current…
ThinkstockGold bugs and fans of gold mining stocks are not going to get a pleasant feeling here. Fitch Ratings has a cautious report on what can happen to gold miners and producers…
Jon OggInvestors and traders often get to read about the Wall Street analyst upgrades, but they often do not get to hear when to sell or avoid a stock. Each morning 24/7…
ThinkstockWhen Barron’s ran “Gold Is Regaining Its Glow” over the weekend, they probably made the weekend over every concerned and disheartened gold bug in the world. After all, how can central banks…
July 15, 2013: U.S. equity markets opened slightly higher this morning but the report on U.S. retail sales pushed shares into the red early. A later report on business inventories helped pull stocks out…
These are the top analyst upgrades, downgrades and initiations from select Wall Street research calls on Monday, July 15, 2013. They include NetApp, J.P. Morgan, UPS and Bank of New York.
ThinkstockIt is hard to find many analysts or market pundits who will defend gold at this point. Sterne Agee analyst, Michael Dudas, is doing just that in a fresh research call. He…
Jon OggInvestors and traders are often on the hunt for fresh research ideas that will generate higher income or more profits. 24/7 Wall St. reviews many analyst research calls from Wall Street…
U.S. equity markets opened lower this morning adding to yesterday’s carnage following the FOMC announcement yesterday. The widespread belief that sometime this year the Fed will start reducing its $85 billion in…
These are the top analyst upgrades, downgrades and initiations from select Wall Street research calls on Thursday, June 20, 2013. They include FedEx, HP, Sprint and Walmart.
ThinkstockThere are a variety of ways to invest in precious metals. Buying gold or silver bars and coins is one. Exchange traded funds (ETFs) are another. A third way is by investing in mining…
U.S. equity markets opened mixed this morning as investors weighed conflicting data from the U.S., Europe, and Asia. In Europe, retail sales declined more than expected in Germany, Italy’s unemployment rate remained…
U.S. equity markets opened higher this morning after the U.S. Department of Commerce reported that personal income and spending both rose by 0.2%, which was slightly higher than expected for spending and…
U.S. equity markets opened higher this morning, but struggled to stay in positive territory for most of the morning. There was little economic data released today. In Asia, Hong Kong’s consumer price…