Archive for April 25th, 2008

Apr 25 2008

U.S. housing collapse spreads overseas

Published by Mark O'Byrne under Articles of Interest

“We know we’re already in negative equity,” said Emma Linnane, a 31-year-old university administrator. She bought a cozy, one-bedroom apartment in the Dublin suburbs with her fiancé, Paul Colgan, in May 2006, at the peak of the market. They paid €365,000, or $575,000 - at least $100,000 more than it would fetch today.
 
The bad news […]

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Apr 25 2008

Gold Investments Market Update

Published by Mark O'Byrne under Market Updates

Gold
Gold was down $19.40 to $886.80 per ounce in trading in New York yesterday and silver was down 50 cents to $16.66 per ounce. The London AM Gold Fix at 1030 GMT this morning was at $883.50, £446.51 and €566.38 (from $900.75 £455.85 and €572.09 yesterday).
Gold again fell below short term support at $900 and […]

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