
| URL : | http://www.businessinsider.com/clusterstock | |
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| Filed Under: | Business & Finance | |
| Posts on Regator: | 39474 | |
| Posts / Week: | 177 | |
| Archived Since: | February 11, 2009 | |
It's shaping up to be another rough day for fans of precious metals, especially silver.
More broadly, silver and gold have been getting poleaxed in recent weeks and months.
How come?
Sam Ro earlier posted a chart from Credit Suisse,Show More Summary
As you read, shareholders of JP Morgan are deciding if CEO Jamie Dimon will keep his job as he knows it. Dimon, widely considered the most powerful banker in the country, holds the positions of both CEO and Chairman of JP Morgan's board. Show More Summary
The precious metal bug massacre continues. In early Asian trading it's not gold that's taking it (too hard) on the chin, but rather silver. From Kitco, here's the sharp downward spike. More to come... Please follow Money Game on Twitter and Facebook. Join the conversation about this story »
On Friday, Bank Of America Merrill Lynch and Deutsche Bank independently published their respective findings on corporate profit margins, which are currently sitting at historic highs.
"The debate on S&P 500 net margins never seems to...Show More Summary
WHEN Shinzo Abe resigned after just a year as prime minister, in September 2007, he was derided by voters, broken by chronic illness, and dogged by the ineptitude that has been the bane of so many recent Japanese leaders.
Today, not yet five months into his second term, Mr Abe seems to be a new man. Show More Summary
Surveying the latest stock transactions of billionaire George Soros, observers would have to surmise tech stocks are in and financial stocks — not to mention some industrials — are out.
Soros went even bigger on Google (NASDAQ:GOOG)Show More Summary
ROME (Reuters) - Rafa Nadal made short work of his great rival Roger Federer to win the Italian Open, his sixth trophy of the year, 6-1 6-3 on Sunday. The crowd sitting in the sunshine at Rome's Foro Italico watched Nadal race to victory...Show More Summary
As America salivates over the $590 million Powerball prize won by a Floridian, we're reminded that winning the lottery will not solve all problems.
In fact many people's lives became notably worse after they got super rich, and in no...Show More Summary
Gold went down the toilet again on Friday, and is now close to revisiting its April lows.
This gold weakness is causing a lot of consternation to gold fans, who don't understand how the precious metal can keep falling, when central banks...Show More Summary
Dave Lutz of Stifel, Nicolaus passes along the top stories that traders are talking about this weekend.
Here are the big ones:
Hedge fund managers have gone short Treasuries for the first time in 2 months (Bloomberg)
Chinese home prices...Show More Summary
To spice things up a bit, a lot of poker rooms at casinos have something called a "Bad Beat" jackpot. A "Bad Beat" is when, say, you have four of a kind (which is an amazing hand) but you lose to someone with an even higher four of a...Show More Summary
A big economic story this year has been "Abenomics", Japan's effort to get out of its multi-decade deflationary slump using a combo of monetary policy, fiscal stimulus, and structural reforms. We already know it's produced extraordinary...Show More Summary
We were just talking about how the wrongest prediction of the past 5 years was the call for "inflation" or "hyperinflation" due to aggressive monetary easing. In his latest US Macro Dashboard note, Morgan Stanley economist Vincent Reinhart...Show More Summary
DES MOINES, Iowa (AP) — It's all about the odds, and one lone ticket in Florida has beaten them all by matching each of the numbers drawn for the highest Powerball jackpot in history at an estimated $590.5 million, lottery officialsShow More Summary
Since the economic crisis of 2009, the most incorrect call that people have made has been to call for inflation or hyperinflation due to aggressive monetary easing and/or large government deficits.
In a recent blog post, the pseudonymous...Show More Summary
The S&P 500 ended the week at yet another all-time record high.
Some have tried to compare the current peak to the stock market tops we've seen in 2000 and 2007.
However, many -- like Reformed Broker Josh Brown -- are quick to remind everyone that the comparisons stop with nominal price. Show More Summary
TORONTO (Reuters) - Toronto Mayor Rob Ford, a target of criticism for his often unconventional conduct, on Friday denied media allegations that he had been caught on video smoking crack cocaine. "Absolutely not true," Ford told reporters...Show More Summary
WICHITA, Kansas (Reuters) - Sometime on Sunday morning, a Pennsylvania high school student will be presented with the keys to a black Honda Civic just for going to a party after the school's annual prom dance.
In Roanoke, Virginia, one...Show More Summary
The Powerball jackpot has hit $600 million, passing the point where people who don't typically play the lottery decide to jump in, shell out a few dollars, and try their luck on an infinitesimally small opportunity to join the 1% One of the most interesting ways to look at this is through the statistical concept of expected value. Show More Summary
Ben Bernanke gave a commencement speech to the graduates of Bard Collage at Simon's Rock.
"My emphasis today will be on prospects for the long run," he said. "In particular, I will be looking beyond the very real challenges of economic...Show More Summary