Coin News

The prospect of significant U.S. natural gas production may not be powerful enough to overcome the hot air coming from government quarters, but ShadowStats Editor John Williams identifies it as one bright spot in his otherwise dark outlook for the U.S. economy. As Williams tells The Energy Report in this exclusive interview, increased domestic shale [...]

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Morgan Stanley said it prefers exposure to gold, silver and livestock in the coming year, as such commodities perform well in a global economic slowdown. View full post on IBTimes.com : Gold

The Fed’s Vice Chair Janet Yellen presented a case for additional Fed action to support economic activity in the United States. These two excerpts (emphasis added) from her speech indicate her opinion about the necessity for Fed action View full post on The Market Oracle

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KitcoNewsNow: Investors Shy Away As Banks Get Downgraded – R.J. O’Brien http://t.co/d4dBdDN5 View full post on Twitter / KitcoNewsNow

Newmont Mining has temporarily suspended work on its $4.8 billion Conga gold project to calm violent protests and restart talks with the local community, the company's Peru chief said late onTuesday. View full post on IBTimes.com : Gold

On November 22, the New York Times published an interactive chart on which governments owe how much money to which foreign nation’s banks. The chart reveals the fault lines in Europe’s economy. The debts are owed above all to French banks. The biggest debtor is Italy. If Italy defaults, France’s largest banks go down. Overnight. [...]

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Billionaire philanthropist and investor George Soros is seen investing at least $50 million to subscribe for shares in the initial public offering of Chow Tai Fook Jewellery Group Ltd, Ming Pao Daily News reported on Wednesday citing sources close to the deal. View full post on IBTimes.com : Gold

Our country’s top Banks and Financial institutions were downgraded yesterday. Stocks included in the downgrade were: BAC, JPM, WFC, C, MS, and GS. But at 7:16 AM this morning, the futures were indicating that ALL of them were showing a pre-market rise in their values. View full post on The Market Oracle

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