Archive for September 17th, 2008

Sep 17 2008

$4 billion in one year - A representation of Wall Streets ‘Annus horribilis’

Published by Ed Murphy under Economics

The New York Times have an interesting interactive diagram showing the losses that Wall St. have sustained over the last year*. As techcrunch put it:
The collapse of so many major financial institutions in the past year, and over the past few days especially, is hard to fathom in its enormity. Sometimes you need a good [...]

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Sep 17 2008

Gold Investments Market Update - AIG Fears Cause Trading to Halt in ETFs

Published by Mark O'Byrne under Market Updates

Gold
Gold fell slightly yesterday down $3.60 to $778.40 but silver had sharper falls and was down 54 cents to $11.02. Gold has again traded sideways in Asian trading but has risen in early European trading to $780/oz

Gold’s wealth preservation qualities are being felt with the precious metal remaining resilient despite volatility and sharp sell offs [...]

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