Gold Up As Equities Down

Gold Up As Equities Down

Gold Silver Reports ~ Gold’s safe have appeal has been restored as US equities started to spiral downwards. Globally, spot gold was up 2.1 percent at $1,234.50 an ounce.

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Led By Banks, Nifty Ends 2.6 Percent Higher

Led By Banks, Nifty Ends 2.6 Percent HigherGold Silver Reports → The NSE Nifty jumped more than 2.6 percent on Monday, its biggest daily percentage gain in more than a year, encouraged by strong trading in shares of banks and miners after a selloff last week.

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Facebook Keeps Face

Facebook Keeps FaceGold Silver Reports ~ In earnings news, Facebook (FB) shares just shot up 8% in after-hours trading after the giant social network said it earned 79 cents a share on revenue of $5.84 billion in Q4 2015, easily topping Wall Street estimates of 69 cents a share.

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Chinese Shares Slip Into a Bear Market

Chinese Shares Slip Into a Bear MarketGold Silver Reports ~ Chinese shares fell into a bear market for the second time in seven months, wiping out gains from an unprecedented state rescue amid waning confidence in the government’s ability to manage the country’s markets and economy.

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The Bear Is Alive And Well

The Bear Is Alive And WellGold Silver Reports ~ Intense selling returned to Wall Street in afternoon trading Wednesday, pushing the Dow down 365 points and slicing 3.4% off of the tech-packed Nasdaq, dashing hopes for a third straight day of gains on Wall Street and extending the financial pain in what has been a horrific start to the year.

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Is It A Dead Cat Bounce?

Is It A Dead Cat Bounce? Stock MarketGold Silver Reports ~ After an early, rough start Thursday, stocks finally shot higher with the Dow jumping more than 300 points before moderating its gains after Wednesday’s brutal sell-off that sent the broad

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Not A Horrible Day In The Market, But No Sunshine

Not A Horrible Day In The Market, But No Sunshine

Gold Silver Reports ~ The stock market closed mixed on Monday, a welcome respite from what has been the worst start to a year ever on Wall~Street, though the plunge in oil continued and sent crude rates to levels last seen in 2003. Stocks initially shrugged off more turbulence in the mainland China stock market overnight, where shares plunged 5.3% after last week’s 10% drubbing on growth fears, and jumped at the open only to see the gains evaporate at midday and then recover again late in the session.

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