products plunged 174 metric tons in April, the biggest monthly
drop ever. Jason Toussaint, managing director of investments at
the World Gold Council, comments on the sell-off. Bloomberg
Radio’s Catherine Cowdery reports on Exchange Traded Funds.
But the details are disturbing … and a sign that federal spending continues to be slashed right when the economy needs it most.
The U.S. Treasury said it expects to pay off $35 billion of debt in the April-to-June quarter…
Americans are hitting the road again, packing hotels in major cities as some national parks brace for a record number of visitors. Many conversations in foreign languages will be heard in these places as well, as international tourists are trekking to the United States in record numbers…
But in our pursuit of finding what’s new, we sometimes overlook what’s right in front of our face…
Editor’s Note: There were no bullish calls on Monday’s program.
SunPower (SPWR): “The Chinese have pulled back from solar.”
Sandstorm Gold (SAND): "These companies help fund the development of gold and now we have
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The housing story, by now, is old news. Two years ago, analysts were putting out reports that housing starts were at record lows and that, by logical measures and plain common sense, we were likely entering a housing boom. Whether you heeded the advice or not, it’s clear that these reports were spot-on, if underplaying the start-and-stop nature of the industry…