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Proving nine out of ten prognosticators wrong, the Fed did not lower interest rates on Tuesday. Proving 1 out of ten pundits right, the Fed did throw AIG a lifeline (of sorts) by extending it an $85 billion loan - but not without conditions and ...

Why the Fed saved AIG, dumped Lehman - Commodity Online

NEW YORK---- Gold, which scorched into the record books earlier this year, has suddenly gone cold. Prices for the precious metal -- which touched $1,000 an ounce for the first time in March -- have plunged in recent weeks, and on Friday tumbled below ...

Gold plummets amid stronger dollar, oil decline - Chicago Sun-Times

A major objective of many investors active in the natural resources sector is to diversify away from the fiat-based world of finance and credit-dominated sectors such as banking, insurance, retail, and most manufacturing. These investors want ...

Mining Equities Report: Cash is King? - Safe Haven

So U.S. Treasury Secretary HANK PAULSON - if the source gabbing to Reuters this week wasn't fibbing - remains "adamant" that he won't help fund the fire-sale of Lehman Bros. Maybe he's just keeping tax-payers' safe cash in reserve, ready for the next ...

PLIF!! Just an Everyday Emergency - Safe Haven

TORONTO, Sept. 10 /CNW/ - CIBC (CM: TSX; NYSE) - The world economy may be slowing but should perform above levels that sparked earlier commodity recessions, notes a new CIBC World Markets report. "With Europe in recession and Japan and the U.S ...

CIBC World Markets lowers TSX, oil targets on weaker global growth and ... - CNW Group

When the markets in the US opened on Monday morning, equities shot up, the US dollar and US government bonds were sold off, and the prices of commodities, including that of gold, rose. It was text book stuff - just what one might expect from the ...

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