Financial

July 18, 2014
The BRICS have launched their own "mini-IMF".At the 6th BRICS Summit the formation of a $100 billion New Development Bank, designed to perform similar duties to that of the IMF...
May 29, 2013
Pinnacle Digest writes: The S&P 500 hit an intra day high of 1656.57 Wednesday, before selling off to close at 1648.36 on the day. The S&P lost 11 points Wednesday and is...
May 24, 2013
Adrian Ash165,383
Pinnacle Digest writes: After a tough week last week, which saw gold lose 5%, the precious metal bounced back, gaining 2% this week. However, despite the strong trading in gold,...
May 23, 2013
Adrian Ash165,383
Pinnacle Digest writes: Despite a global stock market sell-off, led by Japan’s Nikkei losing 7% at one point overnight, gold and silver have rebounded sharply, up 3% since...
May 23, 2013
Pinnacle Digest writes: Asian markets capitulated Wednesday as China's manufacturing numbers signaled contraction. Final numbers for April were 50.4, but readings in China's...
May 22, 2013
Pinnacle Digest writes: US equities broke through new barriers Wednesday morning before settling down to weigh the comments made by Ben Bernanke. Markets fluctuated wildly...
May 21, 2013
Pinnacle Digest writes: The US debt ceiling is finding its way back onto mainstream media outlets as it becomes more difficult for the US to pay its bills. Moody's has warned that...
May 21, 2013
Pinnacle Digest writes: There has been a paradigm shift in respect to US equities, from positive to negative, by the so-called smart money over the past 12 months. The Dow Jones...
May 19, 2013
Dear member,  The US stock markets have risen to dizzying heights, trading at or within a few points of all-time nominal highs. This recovery, led by the Federal Reserve and...
May 17, 2013
Pinnacle Digest writes: The price of gold continues to fall dropping $20 an ounce Friday to trade at $1,365.70 in early morning trading. The US Dollar Index traded up to a new 52...
May 15, 2013
The US markets are really starting to go wild now. Despite industrial production falling to its lowest level in 8 months, the S&P 500 and Dow both rose more than half a...
May 13, 2013
Pinnacle Digest writes: When it comes to the Fed, its best to focus on what it does and not what it or some other main stream media body says or leaks about what it might do....
May 13, 2013
Pinnacle Digest writes: EU markets are touching record highs, including the DAX, while the economic environment continues to deteriorate in the 17 nation bloc. Fitch ratings have...
May 13, 2013
All North American indices fell Monday as gold was down $16 an ounce or better than 1.1% in early morning trading. The USD traded sideways, continuing to show solidarity and...
May 9, 2013
Pinnacle Digest writes: Everyone knows who Warren Buffett is and how he's made his billions, but few have the fortitude to employ his steadfast discipline and faith in the US...
May 9, 2013
Pinnacle Digest writes: Market sentiment is becoming increasingly positive as investors refuse to sell off these markets, believing the US economy will recover. The S&P 500...
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