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Gold Price At New Record High
The price of gold reached a new all time high, Friday, at USD 1249,25.
Take a look at the charts, note the increase in the On-balance Volume Indicator and at the same time the decrease in the Relative Strength Index:
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Warnings Agains Hong Kong Financial Fraud
Financial authorities in Europe have issued a warning against 11 Hong Kong based firms who offers financial advice and investment opportunities without proper licenses. In addition two Swedish and one Danish company have been added to the blacklist.
“Finance Authority recommends that anyone who receives such offers to take their precautions. These ( Read more... ) -
Top 10 Nordic Stocks
The Oslo based technical analysts at Investtech.com has put together a list of the 10 best bets in the Nordic stock market at the moment.
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Madoff investor died after heart attack
A major investor in convicted swindler Bernie Madoff’s Ponzi scheme drowned in his swimming pool in Florida after a heart attack, his attorney said Monday, and the medical examiner’s office confirmed the report.
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Officials work on plan to help homeowners avoid foreclosure
WASHINGTON - The federal government is working on a plan that could help many distressed homeowners escape foreclosure.
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Lehman Brothers products in Hong Kong
This only happens in Hong Kong. Many Hong Kong normal residents are losing their fortunes (for some, their life fortunes) with the bankruptcy of Lehman Brothers.
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3M profit falls 28%
3M Co., maker of Scotch tape and Post-It notes, said Thursday its first-quarter earnings dropped compared to a year ago when it had a big gain on the sale of one of its businesses. But the results topped analyst expectations.
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Online sales to rise 17%, survey says
Online spending is expected to rise a robust 17% this year, despite a sluggish economy that has bruised many brick-based retailers, according to an annual survey to be released Tuesday.
Retail sales online, excluding travel purchases, are set to grow to $204 billion in 2008 from $174.5 billion last year, fueled by sales of apparel, computers and ( Read more... )
