Posts Tagged ‘Federal Reserve’

Gold Reaches New All-Time High! How High Will it Go?

October 6, 2009 - publisher

After weeks of strong signals that it was ready for a surge upwards, Gold finally broke through not only several levels of resistance, but the all-important psychological barrier of $1000 and has soared to a new all-time high of $1,042...

Read More

Fed Cuts Rates .5% to 1%, Oil Goes Up, Dollar Goes Down

October 29, 2008 - publisher

Feds Cut Interest Rate Half a Point On Wednesday Oct 29, the Federal Reserve slashed a key interest rate by half a percentage point as it seeks to revive an economy rocked by the worst financial crisis in the better part...

Read More

Yet Another Bloody Market Day – No Market Bottom Yet – May be a While!

October 15, 2008 - publisher

Written by OTCPicks.com Wall Street had yet another dismal day today as the Dow dropped 733 points as very weak and bleak economic data stoked fear and uncertainty in the markets. Investors are evidently worried that all the U.S. and global...

Read More

Dollar Falling and Oil, Gold and other Commodities Rising – AGAIN!!

September 22, 2008 - publisher

Written by OTCPicks.com Oil prices were up more than $25 a barrel today as investors became unsettled about the government’s $700B bailout plans. This was the biggest one day price surge ever for oil. The Fed is going to have to auction...

Read More

U.S. Financial Markets Against the Ropes and Taking a Beating

September 15, 2008 - publisher

Written by OTCPicks.com Sunday, September 14th is already being called Black Sunday for Wall Street as troubled financial giants Lehman Brothers, Merrill Lynch and AIG were all desperately seeking lifelines for survival as frenzied behind-close-doors meetings happened around the clock. And...

Read More

Web Analytics