FCX: Special $1 Dividend, 2:1 Stock Split
Freeport-McMoRan Copper & Gold (FCX), the world’s largest publicly-traded copper company and ...Prices cool India’s love affair with gold
May 18th
Gold demand in India, one of the world’s leading buyers, is likely to moderate in 2012 as higher
inflation trims disposable income at a time prices are stubbornly high on a weak rupee, the head of
the World Gold Council in the country told Reuters.
Traders Count the Minutes till the Facebook Frenzy Really Begins
May 18th
(eToro Blog) The debate and speculation is finally over and all that’s left now is the shouting. Late yesterday, Facebook executives announced that it would price its 421.2 million shares of stock at $38.00 per share, the high end of the anticipated range. At that price, Facebook shares would trade at better than 100 times… Read more
Gold Rebounded, Awaiting European and Fed Actions
May 18th
Gold futures bucked the trend of the broader market and jumped $38 or 2.5% on Thursday, the largest
percentage increase since 25 October, 2011. S&P fell almost 2% while Stoxx and crude oil both
dropped 1.5%. Dollar index rose for 14 consecutive days….
Jean-Claude Trichet Has an Idea that Could Save the Euro, but Will it Fly?
May 18th
(eToro Blog) Jean Claude Trichet, the former president of the European Central Bank, yesterday presented a bold but sure to be controversial plan that could go some way to saving the Eurozone. Many of the problems that currently exist in the Eurozone can be blamed on the lack of a political or fiscal union, a… Read more
Gold Market Recap Report
May 17th
Given the magnitude of the bounce in gold prices this morning, it would seem like the trade moved
to increase its US easing expectations or perhaps the buyers of gold and silver were simply pricing
in a noted turn for the worse in the Greek or Spain situation….
Gold, Silver Shares Shine as Markets Tumble
May 17th
Gold and silver stocks were the standout performers in the equity markets on Thursday amid widespread liquidation on Wall Street.
The Philadelphia Gold & Silver Index (XAU), a basket of the world’s largest precious metals companies, climbed 3.8% to 147.69 in afternoon trading on the back of a rally in gold and silver futures. In doing… Read more
Mid-Session Gold Market Report
May 17th
Some traders saw the rally in gold prices this morning in the wake of soft scheduled US data, as a
sign that the US Fed was potentially getting closer to additional quantitative easing….
“There is more upside than downside risk for gold at the moment”
May 17th
Gold continued to surge higher in mid-day trading on Thursday, as the spot price climbed $38.93, or 2.5%, to $1,578.85 per ounce. In doing so, the yellow metal was on pace for its best day since a 2.7% rise on January 25, 2012.
The rally in gold was fueled by several worse than expected U.S. economic… Read more
Slap the Penguin – Reclaim Your Rankings
May 17th
My name is Tzvi Raphael and I’m a Marketing Specialist at eToro. My job is to assist our affiliates and partners with their marketing efforts (yes, I’m going to teach you how to make even more money promoting eToro). So why should you listen to me? For starters, I was a successful Super Affiliate for… Read more
Gold Price Jumps, Will Disappointing Data Lead to QE3?
May 17th
GOLD PRICE NEWS – The gold price surged higher Thursday morning, by $30.61, or 2.0%, to $1,570.53 per ounce after a series of disappointing U.S. economic reports. The price of gold moved steadily upward in overnight trading, but accelerated its gains as the U.S. dollar weakened following the economic data. The SPDR Gold Trust (GLD),… Read more
