A leading fund manager has recently said that investors may be better off buying oil than gold. Trevor Greetham stated this when speaking to the British newspaper, the Daily Telegraph. Mr Greetham, the portfolio manager of Fidelity’s multi-asset funds, told the Telegraph that gold performed best at times when the dollar is weak and worldwide [...]
Posted in Featured Post, Gold Bullion 
Tags: asset funds, daily telegraph, Gold, gold bullion, gold price, investors, manager, Oil, personal finance, price 
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The US-based technology giant Apple (Public, NASDAQ:AAPL) has announced that it is set to begin using its cash to pay out a dividend to its shareholders. The company is also planning to buy some of its shares back. Apple has stated that, from July of this year, it will pay out a quarterly dividend to [...]
Posted in Featured Post, LifeStyle Tags: apple, apple public, company, Decade, firm, giant apple, investors, level, lifestyle, stock market value, technology No Comments »
Gold is likely to hit $2,300 per ounce during 2012, and may even pass the $3,500 an ounce mark within the next three years. This is according to the Chief Executive Officer (CEO) of US gold miner Alacer Gold Corp (Public, TSE:ASR). Ed Dowling told Bloomberg that concerns regarding sovereign debt, as well as higher [...]
Posted in Featured Post, Gold Bullion Tags: anatolia minerals, China, Finance, Gold, gold bullion, gold price, investor demand, investors, market, Miner, price waterhouse coopers, stock markets, us economy, Year No Comments »
Olympus (Public, TYO:7733), the Japanese camera maker, has proposed a new board as part of its efforts to rebuild after revelations of a $1.7bn fraud at the company. The firm has nominated present Olympus executive Hiroyuki Sasa for the position of president, with Yasuyuki Kimoto, a former banker at Sumitomo Mitsui bank (Public, TYO:8316), Olympus’ [...]
Posted in Featured Post, Finance Tags: Business, Camera, chairman, executive, Finance, investors, michael woodford, olympus, olympus scandal, president, sumitomo mitsui bank, tokyo stock exchange No Comments »
Highland Gold (Public, LON:HGM), the precious metals company which is part owned by the owner of Chelsea Football Club, Russian billionaire Roman Abramovich, has revealed that it missed its production target for 2011. The news caused the company’s shares to fall by 5%. The Russian-focussed gold miner has stated that through the course of 2011, [...]
Markets remained nervy during today’s trading, as the wait for a debt deal in the troubled nation of Greece goes on. Gold investors have been notably nervous because of the fact that Greece is still trying to secure a second financial bailout. Gold for April delivery closed down by $17.10 at the end of Wednesday [...]
Posted in Featured Post, Gold Bullion Tags: austerity measures, Deal, debt, Finance, financial bailout, Gold, greece, greek economy, investors, mining, personal finance, us dollar index No Comments »
Official figures have revealed that the US economy created 243,000 new jobs during January – the highest total for nine months. The increase was far greater than analysts had expected – they had predicted a rise of around 150,000 jobs. The rate of unemployment also fell to a level of 8.3%, falling from a revised [...]
The US-based social networking website Facebook has revealed that it is planning to float on the stock market, with a valuation that is expected to be around $100 billion. The business is set join a number of other large American technology companies on the market. Facebook has said that it is seeking to raise around [...]
Posted in Featured Post, LifeStyle Tags: Facebook, figure, investors, lifestyle, media giant, Networking, networking website, profit figures, stock market news, stock markets, us news, website No Comments »
Gold futures dropped from a six-week closing high point during the course of Asian trading on Tuesday, spurred by the strength of the dollar and a loss of buying support from markets in China – Chinese markets stayed closed at the beginning of this week for the nation’s Lunar New Year holidays. Gold futures for [...]
Posted in Featured Post, Gold Bullion Tags: China, course, financial uncertainty, Gold, gold bullion, gold futures, gold news, investors, new year holidays, personal finance, point, the dollar, Year No Comments »
The CEO of Groupon (Public, NASDAQ:GRPN), Andrew Mason, has admitted that his team had made mistakes before the Chicago-based promotional deals website went public during the Autumn of 2011. But Mr Mason defended his performance in guiding the firm’s exceptionally quick rise. During an interview on the CBS (Public, NYSE:CBS) news magazine “60 Minutes,” with Lesley [...]
Posted in Daily Deals, Featured Post Tags: andrew mason, daily deals, Groupon, investors, IPO, ipo price, lesley stahl, mistake, stock markets No Comments »
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