Comex Gold Posting Modest Gains On Tepid Short Covering, Bargain Hunting; Bernanke Awaited!

By Jim Wyckoff 
Of Kitco News

Editor’s note: Catch the Latest Happenings with Kitco Video News!

(Kitco News) – Comex gold futures prices are just modestly higher in early U.S. trading Wednesday, on a corrective, short-covering bounce from Tuesday’s selling pressure. Some mild bargain hunting buying interest is also featured early Wednesday.

Read more »

Bernanke To GOP Critics: It's Jobs, Not Inflation, Stupid?

Fed Chairman Ben Bernanke took a stab at the GOP in his press conference on Wednesday, essentially asking those who criticize him to get their argument right. 

Read more »

Bonds Beat Stocks Over 30 Years for First Time Since 1861?

Oct. 31 (Bloomberg) -- The biggest bond gains in almost a decade have pushed returns on Treasuries above stocks over the past 30 years, the first time that’s happened since before the Civil War.

Long-term

Read more »

Comex Gold Eases On Disappointment Fed Action Not More Aggressive?

(Kitco News) – Gold slumped just after a Federal Reserve announcement of more stimulus measures Wednesday as traders who previously bought, expecting a still-larger package, sold to exit from their contracts, analysts said.

Read more »

Goldman Bonds Take A Beating On Mortgage Suit, Treasury Yields Dive?

A dismal U.S. employment report sent government bond yields lower and had the same impact on equity prices. Bank names were hit hard.

Read more »

Oil Prices Mixed?

LONDON—Make Money Blog$, Crude-oil futures were mixed as investors are switching attention from Hurricane Irene and U.S. Federal Reserve Chairman Ben Bernanke's speech to economic news from the U.S. and Europe.

Read more »

Lattice Bustling Bernanke's Speech Market ?

Make Money Blog $, Jakarta - Euro had gained after the Jakarta Composite Index closed just weakened thin. The market re-focus on the governor's speech tonight and the Fed to ignore the lattice that the U.S. will not remove the stimulus. 

Read more »

Steve Forbes Interview: David Malpass On How To Fix Corporatist America?(3)

Forbes: Now quickly on Dodd-Frank. In addition to this massive regulatory spewing out, there seem to be several things that are wrong here. One, if you could quickly explain – it sort of codifies too big to fail. It has a wild regulatory agency embedded in the Fed.

Read more »

Fed Chairman Ben S. Bernanke: "Bargaining" Debt Limit Issue Threatens U.S. Economy?

WASHINGTON (Reuters);Chairman of the Federal Reserve / Fed (Central Bank) Ben S. U.S.Bernanke warned members of Congress about the use of federal debt limit as a "bargaining tool" in discussions about the budget,

Read more »

Agenda ECB and BoE ?

Image via Wikipedia

By; Askap Futures - detikFinance

 Describing the "nervousness" market interest rates ahead of the announcement of the European Central Bank (ECB) and England (BoE), today (5 / 5), euros and pounds that could turn strengthened against the dollar should be corrected by the end of trading session.

Read more »

Ben Bernanke Can’t Stop The Gold, Silver,Oil Speculation ?

Image via Wikipedia

Make Money blog$.The Fed chairman is  between a rock and a hard place.  He can’t raise interest rates to stop the dollar’s descent, because higher interest rates will damage the already weak recovery.  So, he is forced to keep money cheap to help stimulate activity– which is the fundamental force driving stock prices– and the hottest commodity prices higher. It’s a win-win for macro hedge funds using leverage.

Read more »

Wall Street Indexes End the Week on the Upside ?

Image via Wikipedia

Make Money Blog$;The market’s three main indexes have been climbing steadily in recent weeks as quarterly results trickled out and proved better than expected in many cases.

Read more »

Image via Wikipedia

Erland Djumena
NEW YORK, KOMPAS.com - Contract price of gold again drovethrough the new record. Thus, the highest gold price in historycreated in two consecutive days.

The rise in gold prices came after the Federal Reserve decided tohold interest rates at low levels that diminish the prospects ofstrengthening U.S. dollar and boost demand for gold as aninvestment alternative.

Read more »