Goldman Sachs disposition of cases involving higher gold prices

April 25, 2010 · Posted in Gold · Comment 

Goldman SachsSome time ago the gold price declined sharply since the case of Goldman Sachs. The gold price almost reached the lowest point of U.S. $ 1.170 / oz. However, gold trading remained above U.S. $ 1.150 / oz at the weekend despite the U.S. dollar strengthened. The cause of the persistence of the price of gold because gold traders do a high enough demand. The opening of trading on Monday, the price of gold fell to U.S. $ 1.130 / oz, the lowest point reached 1.124 gold price / oz, so that physical demand for gold increases. Read more

President Barack Obama, Struggling to Overcome Worst Oil Spill in U.S

oil spillVENICE La / LONDON – BP plc faces a grim future on Tuesday the failure to stop a Gulf of Mexico oil spill a dip in the shares of energy giant and the government, Obama said that the opening prompted a criminal research. President Barack Obama, struggling to the top of the worst oil spill in U.S. history, undertook a review of U.S. laws and regulations required for a repeat of April 20 rig explosion that 11 people slain and provided the leakage occur. (more…)

Nevada Gold Announces First Quarter 2012 Financial Results

Company reported operating income of $ 60,000 and Adjusted EBITDA of $ 881,000. Nevada Gold & Casino, Inc. UWN -8.97% today announced financial results for the first quarter ended July 31, 2011.
First quarter 2012 financial highlights included:
- Net sales increased 117% to $ 14.2 million, compared to $ 6.5 million In the first quarter ended July 31, 2010;
- Operating income of $ 0.06 million compared to operating loss of $ (0.9) million in the first quarter of fiscal 2011; (more…)

Asian Shares Rise After China Won GDP Report

Asian stocks rose the most in almost a month as metals and the South Korean won rose after China’s slowest economic growth in over two years reinforces the expectations of easier monetary policy and the French finance costs decreased. The MSCI Asia Pacific Index advanced 1.7 percent as of 3:12 p.m. in Tokyo, erasing a 1.1 percent decline yesterday. The Shanghai Composite Index rose 4 percent and the Standard & Poor’s 500 Index futures added 0.8 percent. The won strengthened against 15 of the 16 major counterparts and the euro rose 0.5 percent. Copper was 1.9 percent for the highest price since October. Soybeans and corn advanced for the first time in one week as a drought in South America threatened to make counter. (more…)