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Middle East Gold Sales Drop 27%

Luke Burgess
Posted May 21, 2009

Middle east gold sales fell 27% during the first quarter of 2009, compared to the same period of last year, as worldwide economic concerns and higher gold prices turned some buyers away.

CBO: Unemployment Headed Over 10 Percent

Brian Hicks
Posted May 21, 2009

How high will unemployment climb as we head into 2010? Here's the answer today according to the Congressional Budget Office....

Over 600 Banks Failed the Stress Test

Brian Hicks
Posted May 20, 2009

Over 600 smaller banks would have failed the same stress test given recently to the mega-banks and commercial real-estate loans could generate losses of $100 billion by the end of next year at more...

Green Shoot or Yellow Weed?: Uncle Sam Hands Out 'Cash for Keys'

Brian Hicks
Posted May 19, 2009

Another plan from the Treasury as home prices fall, mortgage debt increases, and foreclosures setting records.

2009 Economic Predictions

Brian Hicks
Posted May 19, 2009

Wealth Daily editor Ian Cooper offers his second half of 2009 economic predictions and explains why it'll pay off to listen to Meredith Whitney and not Legg Mason.

Deutsche Telekom Stock

Brian Hicks
Posted May 18, 2009

Editor Sam Hopkins reveals why this down year is the best time to go long on telecom stocks with winning social marketing strategies.

Angelo Mozilo Meets Johnny Law, Charges Likely Filed Soon

Brian Hicks
Posted May 15, 2009

Staffers at the Securities and Exchange Commission are recommending that the agency file civil fraud charges against Countrywide co-founder Angelo Mozilo, according to a published report. The agency...

Greenspan Sees a Bottom, Foreclosures Soar...Again

Brian Hicks
Posted May 14, 2009

Another bad tune from the guest the wouldn't leave......

Credit Card Defaults

Brian Hicks
Posted May 14, 2009

Wealth Daily editor Ian Cooper examines the future of credit card companies and names the only two that may be buys.

Jim Rogers Warns Dollar Faces a "currency crisis"

Brian Hicks
Posted May 13, 2009

Here's the latest from market-bear Jim Rogers. Green shoots aside, he's once again sounding the alarm on both the dollar and the broader markets.

Oil Prices Hit $60 Per Barrel

Luke Burgess
Posted May 12, 2009

Crude oil prices rose above $60 per barrel this morning, before pulling back, as the market focused on new signs of economic stabilization and a weaker US dollar.

Geithner's Stress Test: Saturday Night Live Strikes Back

Brian Hicks
Posted May 12, 2009

It should be pretty well documented at this point that the stress tests for major banks were mostly a joke. While government deception isn't funny, this SNL clip of the tests should give you a laugh.