Tag: news-yesterday

AngloGold Ashanti (NYSE:AU) Down on Great Gold Day

AngloGold Ashanti (NYSE:AU) was one of the few poor gold performers on Friday, on a day which broke another record at the close of $1,256.50, an increase of $11.30 on the day.The news yesterday that they were going to focus on developing mining projects outside Australia because of the 40 percent super tax, seems to have overshadowed the rest of the good news related to gold. This isn’t

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A River of Debt

Filed in Debt, economy, Gold, silver by on March 5, 2010 0 Comments

As I was floating down impassible rivers I no longer felt myself steered by the haulers… – Arthur Rimbaud, “The Drunken Boat” The news yesterday pushed against us like a gentle wind. Pending house sales were bad. Consumer spending was good. Unemployment was bad. Manufacturing was good. The Dow rose 47 points. It has moved without much conviction for A River of Debt originally appeared in the Daily Reckoning . The Daily Reckoning, offers a uniquely refreshing, perspective on the global economy, investing, gold, stocks and today’s markets. Its been called “the most entertaining read of the day.”

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