Posts Tagged ‘ GLD ’

Market Response to Fed Policy

Dec 16th, 2009 | By Rob

Few expect the U.S. Federal Reserve's FOMC to announce any change to the current monetary policy. The Fed Funds rate target is expected to stay at 0.25%, despite effective rates closer to 0.1%, while language will promise that purchase programs of private debt and Fannie/Freddie mortgage products are soon to wind down. Conditions of the
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***Close BVN: Diamond Slice Closes Position In Beunaventura Mines***

Dec 7th, 2009 | By Rob
***Close BVN: Diamond Slice Closes Position In Beunaventura Mines***

On October 23, 2009 we endorsed a position in the Peruvian gold mining firm Beunaventura Mines (BVN) in the article titled Profiting From Volatile Crude Oil Prices and Safe Guarding Your Dollars. Since October 23, BVN has moved from $36.97 to the Friday December 4, 2009 closing price of $39.84, capturing a 7.8% gain. Continuous spot
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United States Fed Audit Imminent

Dec 2nd, 2009 | By Rob

The United States is bubbling with populist outrage over the recession, deemed to be caused by financial institutions, and the essentially ineffective response provided by the government and monetary policy makers. The House of Representatives has voted on an amendment to the Barney Frank Financial regulation bill, which enforce a financial audit of the Federal Reserve 180 days after
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