Archive for November, 2009

Yen Drops Most in 7 Weeks on BOJ Meeting Helping Stocks Rally

Filed in Gold Holdings, Gold Investing by on November 30, 2009 0 Comments

The yen fell the most in seven weeksagainst the dollar and Japanese stocks rallied after the centralbank announced an emergency policy meeting today, spurringspeculation it will seek to limit the currency’s gains. The yen dropped 1.1 percent to 87.3 Yen Drops Most in 7 Weeks on BOJ Meeting Helping Stocks Rally

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Somaxon Pharma On Vigil

Filed in Gold Holdings, Gold Investing by on November 30, 2009 0 Comments

With the FDA decision date of December 4 looming for Somaxon Pharmaceuticals Inc. (SOMX)’s amended New Drug Application for Silenor for treatment of insomnia, the stock set a new intraday high of $4.80 for the year Monday before settling down at $3. Somaxon Pharma On Vigil

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Nintendo Wii Console US Sales Tumble During Thanksgiving Week

Filed in Gold Holdings by on November 30, 2009 0 Comments

Nintendo Co.’s U.S. sales of itsflagship Wii console during Thanksgiving week tumbled after a 20percent price reduction for the player failed to spur demand. The company sold more than 550,000 Wii players in the weekended Nov. 28, the world’s larges Nintendo Wii Console US Sales Tumble During Thanksgiving Week

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Geely taps China banks to back Volvo deal sources

Filed in Gold Holdings by on November 30, 2009 0 Comments

At least three major Chinese banks including Bank of China, China Construction Bank and Export-Import Bank of China have agreed to offer loans to Zhejiang Geely Holding Group, said the banking sources briefed on the plan. Export-Import Bank of China Geely taps China banks to back Volvo deal sources

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FormCap Corp. (FMRC.PK) is “One to Watch”

Filed in Gold Prices, silver by on November 30, 2009 0 Comments

FormCap Corp. is an emerging oil & gas exploration and development company. With a primary focus on the discovery and development of oil in the Continental United States, the company has assembled 4,800 acres of oil and gas mineral leases, together called the Weber City Prospect, located in Curry County, New Mexico. The Weber City

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Mechanical fault forces Kevin Rudd’s plane back to Washington

Filed in Gold by on November 30, 2009 0 Comments

PRIME Minister Kevin Rudd's private jet has been forced back to the US because of a mechanical fault. “Due to a minor mechanical fault, the prime minister's RAAF plane has returned to Washington,” a spokesman for Mr Rudd said. “The Prime Minister will (stay) overnight in Washington, his return to Australia has been delayed.” Original Article: Forum: News/Activism

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PGCX, RBTI, PSFT, DrStockPick.com Watch List! for Tuesday Dec 1st, 2009, PanGenex Corporation, Red Branch Technologies Inc. and Powersafe Technology…

Filed in Gold Investing by on November 30, 2009 0 Comments

Dr Stock Pick HOT News & Alerts! _________________________________________ FREE Daily Stock Alerts From DrStockPick.com _________________________________________ DrStockPick.com Watch List! My Picks for Tuesday Dec 1st, 2009 are: ************************************************************** PGCX, PanGenex Corporation, PGCX.PK PGCX pursues business opportunities in the $70 billion dollar nutraceutical and dietary supplement industry. With a focus on the cardiovascular health segment, PanGenex develops and markets sector-leading, patented or patent pending, condition-specific

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Nikkei turns positive ahead of extra BOJ meeting

Filed in economy, Gold Investing by on November 30, 2009 0 Comments

TOKYO, Dec 1 – Japan’s Nikkei average turned positive to rise 0.4 percent on Tuesday after the Bank of Japan said it would hold an extraordinary policy meeting, sparking speculation it might take steps to support the economy. Some exporters such a Nikkei turns positive ahead of extra BOJ meeting

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European Climate Exchange chief Patrick Birley defends the carbon trading system

Filed in Gold, Gold Bullion prices by on November 30, 2009 0 Comments

“Why should it be different as a commodity to the way people trade oil or gas?” As the man in charge of the world's biggest exchange for companies, banks and hedge funds to trade permits to emit carbon dioxide, Birley is fed up with the environmentalists' charge that dirty capitalists should not profit from the global effort to tackle climate change. Ahead of the Copenhagen summit next week, campaigners such as Friends of the Earth have argued that the entire system is so flawed it may need to be demolished in favour of a straightforward tax on polluters. Firstly, they… Original Article: Forum: News/Activism

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Furious investors warn troubled Dubai it will ‘never raise a penny again’

Filed in Debt, Gold, Gold Bullion prices by on November 30, 2009 0 Comments

Furious bondholders have arranged emergency talks with Dubai officials this week in an effort to get some clarity on the financial health of the state-owned company Dubai World, which caused widespread panic on world markets last week when it asked creditors for a six-month standstill on debt repayments. A conference call has been organised by the New York-based hedge fund QVT Financial, after an attempt last week was abandoned when the telephone system collapsed under the weight of calls. Investors are angry that the announcement was made at the start of the Islamic Eid and US Thanksgiving holidays, leaving them… Original Article: Forum: News/Activism

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Save the SEALs: A serious nation doesn’t prosecute its heroes

Filed in Gold Bullion prices by on November 30, 2009 0 Comments

The fact that this case has come this far shows an astonishing lack of perspective. While these three patriotic young men stand before a military judge to answer a terrorist complaint about an alleged thrown punch, CIA- and Air Force-operated drone aircraft rain hellfire missiles on terror suspects, killing them and anyone who happens to be nearby, whether or not they have the right target. Fighting a war is dirty business. As George Orwell is reputed to have said, “we sleep soundly in our beds because rough men stand ready in the night to visit violence on those who would… Original Article: Forum: News/Activism

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