Tag: treasury

Citigroup (NYSE:C) Still Deutsche’s (NYSE:DB) Top Pick in Sector

Among the large cap banking sector, Citigroup (NYSE:C) is still the top pick of Deutsche Bank (NYSE:DB), and even more so on the heals of the divestation of shares in the company by the Treasury. Deutsche Bank said it sees it “as a positive for Citi shares, as the US gov’t ownership has been at least somewhat of an overhang/concern for many investors and analysts this year,” referring to worries

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Market Wrap-Up for Oct.26 (COH, NTRS, X, KMB, CMI, IBM, more)

Filed in dividend, gld, Gold Investing, Gold Investment, inflation by on October 26, 2010 0 Comments

Some amazing data came out yesterday, as the Treasury sold $10 billion of five-year Treasury Inflation Protected Securities at a negative yield for the first time. (more…)

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Chinese Dollar Torture

Filed in economy, Gold, Gold Investing, silver, US Dollar by on September 17, 2010 0 Comments

Recently, the US Treasury Department released data showing an 11% decline in official Chinese holdings of US government bonds during the past year. For US dollar holders, this is a troubling trend. Not so much for those holding gold. To put it simply, the Chinese government isn’t adding to its US bond position, at least Chinese Dollar Torture 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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TLTs Should Hold

Filed in Gold, Gold Bullion prices, shares, silver by on September 10, 2010 0 Comments
TLTs Should Hold

Let’s notice that the iShares 20+ Year Treasury Bond ETF (NYSE: TLT) is testing the 102.00-101.80 area, which represents the lower channel support line off of the April low (87.30), as well as the mid-August upside breakaway gap area. From a technical perspective the TLTs should hold in and around current levels (101.90/80), with downside overshoot into the 100.90/60 area prior to my expectation of a resumption of TLT strength that revisits 106 to 108 thereafter.

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US takes steps against European-Iranian bank

Filed in Bank Gold, economy, euro, gld, Gold Spot Market by on September 7, 2010 0 Comments

WASHINGTON — The United States has slapped sanctions on a German-based bank it accuses of helping Iranian institutions involved in illicit nuclear trade. The Treasury Department announced Tuesday that it had taken steps against Europaeisch-Iranische Handelsbank that would isolate the bank from the U.S. financial system.

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Gold, Silver, US Treasuries, And Thailand Soar On Higher Yen As …

Gold mining stocks , GDX, rose 0.9%, and the junior gold mining shares, GDXJ, rose 1.4, on support from rising US Treasury shares, that is the US Ten Year Note, IEF, +0.45%, the US Government Bonds, TLT, +1.10%, and the Zeroes, ZROZ, +1.80%. … I personally am invested in gold bullion , $GOLD, as I see a liquidity crisis coming soon; but I provide a courtesy chart site suggesting 20 ETFs to sell short and 12 ETFs to buy long for a debt deflationary bear market. …

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Delusional MIT Economist Wants The Fed To Helicopter Drop Money

Filed in Gold Investing, Gold Prices by on August 30, 2010 0 Comments

The Keynesians must be really desperate. In an article titled “A helicopter drop for the Treasury,” MIT economics professor Ricardo Caballero wants the US government to cut taxes for everyone. So far so good, but there is a catch: the Federal Re…

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Will Buying More Treasuries Boost the Economy?

Will Buying More Treasuries Boost the Economy?

Filed under: Economic Data , Federal Reserve Saint Louis Federal Reserve president, James Bullard, said the Fed may need to buy more treasuries to pump more money into the economy . Here we are two years down the road and nothing much has changed. The same old tactics are used to try to boost the economy, while unemployment remains high. In fact, initial claims for unemployment jumped to 500,000 this past week. Things are not working out as planned. Why is that? Continue reading Will Buying More Treasuries Boost the Economy? Will Buying More Treasuries Boost the Economy? originally appeared on BloggingStocks on Fri, 20 Aug 2010 11:00:00 EST. Please see our terms for use of feeds . Read | Permalink | Email this | Comments

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Bonds Up, Stocks Down on Renewed Economic Fears

Bonds Up, Stocks Down on Renewed Economic Fears

Filed under: Market Matters , Economic Data , Federal Reserve , Currency A new fear gripped the market Friday. Originally, gross domestic product — the broadest measure of economic activity — was reported to have grown 2.4% in the second quarter. Now, many are expecting the Department of Commerce will revise this figure down next week. According to a Bloomberg survey , revised GDP will have lost one point to a more anemic 1.4% growth. The expectation of the lower GDP caused an accelerated rush to buy Treasuries. On the futures market , the 30 year bond was up 15 ticks to 134-26 . The Dow Jones Industrial average continued its decline, falling yet another 90 points in early morning trade. Continue reading Bonds Up, Stocks Down on Renewed Economic Fears Bonds Up, Stocks Down on Renewed Economic Fears originally appeared on BloggingStocks on Fri, 20 Aug 2010 10:30:00 EST. Please see our terms for use of feeds . Read | Permalink | Email this | Comments

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Drop in Treasury Bond Yields Forecasts a Bear Market for Stocks

Filed in commodities, Federal Reserve, South African Gold by on August 11, 2010 0 Comments
Drop in Treasury Bond Yields Forecasts a Bear Market for Stocks

Filed under: Market Matters , Commodities , Federal Reserve There’s an old adage: When bond prices go up, stock prices go down, and vice versa. Over the past three months, Treasury bond yields have taken a big hit (bond prices and bond yields move in the opposite direction). The benchmark 10-year bond yield dropped from 4.01% in April to its present 2.79%. David Rosenberg of Gluskin Sheff has researched bond yields and their corresponding effect on the stock market. According to an article on CNBC.com, Rosenberg found that if yields fall more than 1.20%, a bear market in stocks is just a couple of months away. He cites the bear markets of 1990, 2000 and 2007 as examples. Continue reading Drop in Treasury Bond Yields Forecasts a Bear Market for Stocks Drop in Treasury Bond Yields Forecasts a Bear Market for Stocks originally appeared on BloggingStocks on Wed, 11 Aug 2010 09:30:00 EST. Please see our terms for use of feeds . Read | Permalink | Email this | Comments

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PRESS RELEASE Central GoldTrust Enters Into US 280 Million …

Filed in African Gold, Australian Gold, Gold, Gold Prices by on June 16, 2010 0 Comments

Central GoldTrust does not actively speculate with regard to short-term changes in gold prices. Central GoldTrust’s gold bullion is held unencumbered in allocated, segregated and insured safekeeping in Canada, in the treasury vaults of …

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Gold – the true standard « Deliso Site

Filed in Bank Gold, Gold, inflation by on June 11, 2010 0 Comments

One of them from a significant quantity in prices for a clue on the value of stock market. those who are illustrated in a few of cake. you have insurance. One essential to wish and have to be delivered to invest tend to making but about the Treasury … It has been granted, then all the inflation that this only shows that rate and simple for buying gold bullion online is a particular bullion bars will be. One of these coins.Finally, those Gold the true standard that it is …

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