Gold Closes at Nine-Month Low; Shorter QE Might Be in Play (GLD) (GDX)
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- Wall St indexes eye weekly losses; bond yields and Iran in focus
- UBS says bull market has further to run
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- Global yield relief evaporates as U.S. rates push back toward multi-decade peaks
- BofA's Hartnett sees dollar slump, risk selloff if bond intervention fails
- Fannie Mae loses at least 10 senior executives amid departures - WSJ
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States Push 'Gold Standard' as Confidence in Fed Wanes
April 8, 2013 6:57 AM EDTWith recent U.S. economic data hitting a bit of a plateau, including last week's nonfarm payroll miss, many states are turning a distrust in the Fed into a new gold standard. Literally.
Following Utah's passage of a bill in 2011 which recognizes gold as legal currency, many other states are vying for the same... More
Paulson Advantage Funds Perform Well Through Q113; Gold, Not So Much
April 4, 2013 3:36 PM EDTAmid a tepid 2012, funds run by John Paulson had a good first quarter for 2013.
According to WSJ-compiled data from an annual letter, Paulson's Advantage fund is up 2.9 percent through March, bolstered by a 5.6 percent pop last month. Paulson's Advantage Plus fund rose 7.6 percent in March for a 3.6... More
