Filed under: Major Movement , Competitive Strategy , Barrick Gold (ABX) , Commodities , Federal Reserve Back in the late 1970s, the Hunt brothers from Texas tried to corner the silver market . That drove prices to $48 an ounce. Now, 31 years later, silver is shooting higher again. The March silver futures contract closed at $32.296 per ounce , up 72 cents. Since gold is expensive, investors are turning to silver to hedge against inflation. Many fear that the Federal Reserve will not be able to control the spike in commodity prices. The Fed is buying $600 billion of treasuries and keeping interest rates near zero. Continue reading Silver Near a 31-Year High Silver Near a 31-Year High originally appeared on BloggingStocks on Sat, 19 Feb 2011 12:50:00 EST. Please see our terms for use of feeds . Permalink | Email this | Comments
Dolby Laboratories
Dolby Laboratories’ (NYSE:DLB) Profits Up 25 Percent YOY
Dolby Laboratories (NYSE:DLB) reported profits in its first quarter rose by 25 percent, citing growth in service revenue and licensing fees. There was also a one-off tax event that helped them. The down side was for fiscal year 2011, Dolby cut their revenue guidance and non-GAAP earnings for the the year, saying the PC market will continue to struggle. GAAP net income for the first quarter
