Market News

Love him or hate him, CNBC Mad Money star Jim Cramer recently delivered a masterful explication of the current bullish case for gold. The case he outlines comes mainly from an associate of his, technical analyst Carley Garner of DeCarley Trading. Although some of Cramers critics say his endorsement of the yellow metal is a…

Just when some analysts were calling an end to golds resurgence, the yellow metal reversed and moved sharply higher Thursday as stocks stumbled and two major agencies warned that the global economy is on the skids. A grim earnings forecast from Walmart and another negative Philly Fed manufacturing survey rained on the Dows parade Thursday,…

After last weeks meteoric rocket launch above $1,260, gold prices not unexpectedly pulled back this week as traders took profits. However, after dipping below $1,200, the yellow metal firmed once again Wednesday as the Federal Reserves latest minutes reflected a cautious outlook. Rebounding from a three-day slide, gold topped $1,210 and was trading near $1,210…

Even the gods of Wall Street make mistakes every now and then. For years now billionaire John Paulson, who made his fortune during the subprime crisis, has been the single largest stakeholder of the biggest gold-linked ETF through his firm Paulson & Co. Paulson has taken a lot of heat from the financial media for…

Everywhere you look, talk is growing about negative interest rates, the next insane scheme dreamed up by central bankers that picks up where quantitative easing (QE) left off. Well, more than $12 trillion later, QE has proven to be a failure. Stock markets around the world are deep in bear territory, and growth is anemic…