Category Gold

U.S. Stocks Under Pressure- Set To Open Sharply Lower; Oil Shows Weakness Again; European Equities Set To Surge By As Much As 70 Percent?

U.S. Stocks Under Pressure- Set To Open Sharply Lower; Oil Shows Weakness Again; European Equities Set To Surge By As Much As 70 Percent? http://www.fortunascorner.wordpress.com U.S. stock futures are tanking this morning, down more than 150pts. as I write this note. Weakness in Europe and oil once again declining, are at least two of the […]

Russian Oil Output Will Dwindle Under Sanctions and Low Prices – LUKoil Executive

http://www.themoscowtimes.com/business/article/russian-oil-output-will-dwindle-under-sanctions-and-low-prices-lukoil-executive/516935.html Russian Oil Output Will Dwindle Under Sanctions and Low Prices – LUKoil Executive ReutersMar. 03 2015 18:25Last edited 20:40 Sergei Petrov / Vedomosti LUKoil co-owner Leonid Fedun said oil prices could rebound to $100 this year because of falling global output. LONDON — Russian oil output is expected to fall 8 percent in the […]

Will The Bulls ‘March On?’; Oil Closes Up In Feb.; Gold Loses Luster In Feb – Time To Buy? ACAD, CLDX, CAPN,ZIOP

Will The Bulls ‘March On?’; Oil Closes Up In Feb.; Gold Loses Luster In Feb – Time To Buy? ACAD, CLDX, CAPN,ZIOP http://www.fortunascorner.wordpress.com “February was nothing short of spectacular,” said Art Hogan, Chief Market Strategist at Wunderlich Securities. The NASDAQ’s 7 percent gain (in February), “the NASDAQ was really phenomenal, in and of itself,” he […]

Greece Gets A Reprieve; Stocks Hit New Highs; Russia Gets a Downgrade; Time To Buy Gold?; Oil Falters; Acadia BioPharma (ACAD) Surges; Ruckus Wireless (RKUS)

Greece Gets A Reprieve And Stocks Hit New Highs; Russia Gets a Downgrade; Time To Buy Gold?; Oil Falters; Acadia BioPharma (ACAD) Surges; Ruckus Wireless (RKUS) http://www.fortunascorner.wordpress.com Europe/Greece – Kick The Can Down A Dirt Road – What Happens If Greece Leaves The EuroZone? Vito Ricanelli, writing in this weekend’s Barron’s, says “Greece gave investors […]

Germany Rejects Greek Bailout Extension

FINANCIAL TIMES February 19, 2015 Germany Rejects Greek Bailout Extension Peter Spiegel in Brussels, Stefan Wagstyl in Berlin and Claire Jones in Frankfurt Germany has rejected a request by Athens to extend its €172bn bailout despite a significant u-turn by the new Greek government, which for the first time on Thursday promised to work on […]

Noted Citi Energy Analyst Forecasts $20 Oil; And An End To OPEC; Time To Go Long Gold?

Noted Citi Energy Analyst Forecasts $20 Oil; And An End To OPEC; Time To Go Long Gold? http://www.fortunascorner.wordpress.com John Melloy, writing on this evening’s CNBC website, notes that the investment firm, Citigroup, is forecasting oil will fall to $20 per barrel; and, the end of OPEC may be near.’ Edward Morse, “one of the more […]

Draghi’s Dangerous Bet: The Perils of a Weak Euro

This is the beginning of the end for the Euro – IMO. RCP SPIEGEL ONLINE International ECB Decision to Weaken Euro Comes with Pluses and Minuses Draghi’s Dangerous Bet: The Perils of a Weak Euro By SPIEGEL Staff The European Central Bank’s current headquarters in Frankfurt. Last week’s decision to weaken the common currency could […]