Tuesday, September 25, 2012

DailyMarkets.com - Guilfoyle: “Street Numbers Have To Be Taken As A Positive”

DailyMarkets.com - Guilfoyle: “Street Numbers Have To Be Taken As A Positive”

Guilfoyle: “Street Numbers Have To Be Taken As A Positive”

Posted: 25 Sep 2012 10:40 AM PDT

09/25/12 Meridian Equity Partners’ Stephen Guilfoyle weighs in on the latest economic data and the developments from the Euro zone. Near-term fundamental and technical expectations are also … [visit site to read more] or compare Best Mortgage Rates, Credit Card Rewards or Best Credit Cards

Economic Woes Weigh On Gold

Posted: 25 Sep 2012 10:17 AM PDT

Tuesday, September 25, 2012
Gold has been losing some of its luster with some metal traders in recent sessions, as the reality of poor economic conditions has caused the rally to sputter. The Fed and other Central Banks still have the printing presses rolling at full capacity, which may act as a buffer for the Gold market if prices begin to slide. If the recent bounce in the USD versus the Euro continues, it could trigger profit-taking. The fact that recent trading sessions have had much … [visit site to read more] or compare Best Mortgage Rates, Credit Card Rewards or Best Credit Cards

This Gold And Silver Miner May Be The Next Takeout Target

Posted: 25 Sep 2012 10:08 AM PDT

In 2010, we predicted the acquisition of Fronteer Gold by Newmont Mining (NYSE:NEM) for $2.3 billion dollars.  See the prediction here.
One gold and silver miner which we believe is a near term takeout target possibly before the end of 2013 is Paramount Gold and Silver (PZG).  We highlighted this company a few weeks ago and already it has made a powerful move.  The primary reasons we believe the majors are looking at Paramount is that they have known advanced NI 43-101 resources … [visit site to read more] or compare Best Mortgage Rates, Credit Card Rewards or Best Credit Cards

Central Bank News Link List – Sept 25, 2012: G20 Deputies Say Central Bank Fix Not Enough For Ailing Economy

Posted: 25 Sep 2012 09:54 AM PDT

Here’s today’s Central Bank News link list, click through if you missed the previous link list. The list comprises news about central banks that is not covered by Central Bank News. The list is updated during the day with the latest developments so readers don’t miss any important news.

G20 deputies say central bank fix not enough for ailing economy (Reuters)
ECB, Bundesbank checking legality of bond-buying programme-paper (Reuters)
Plosser says QE3 risks Fed credibility, won’t … [visit site to read more] or compare Best Mortgage Rates, Credit Card Rewards or Best Credit Cards

Euro On A Limited Upside Depute Spanish Bailout Concerns

Posted: 25 Sep 2012 09:30 AM PDT

09/25/12 Following yesterdays sell-off, risk aversion appears to have eased with the euro extended its gains against the dollar despite concerns about Spain on whether or not it will request an international … [visit site to read more] or compare Best Mortgage Rates, Credit Card Rewards or Best Credit Cards

Hungary Cuts Rate, Will Consider Further Cuts If Inflation Low

Posted: 25 Sep 2012 09:28 AM PDT

     The central bank of Hungary cut its base rate by 25 basis points for the second month in a row, citing a weak economy and an expected easing in inflation, and held out the prospect of further rate cuts as long as improved conditions on financial markets persist and inflation remains under control.
    Magyar Nemzeti Bank said the bank base rate would be cut to 6.50 percent,while the rate on overnight deposits was cut by 100 basis points to 5.50 percent and the rate … [visit site to read more] or compare Best Mortgage Rates, Credit Card Rewards or Best Credit Cards
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