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Surprise, surprise, surprise… The Commerce Department reported yesterday that the U.S. economy grew (i.e. GDP) at only 1.8% in the first quarter of 2011—below analyst expectations. On Wednesday, the Federal Reserve said that it expects GDP to be 3.1% this year. Separately, the U.S. Labor Department reported an unexpected weekly jump in jobless claims to […]

What a few months it has been for gold. With war worries in Libya to debt concerns in Europe and the United States, along with rising demand out of China and India, it appears to be the perfect storm for driving gold prices higher. In fact, the break at $1,500 was much sooner than I […]

A lot of U.S.-listed Chinese stocks are taking it on the chin in this market. Investor confidence has dwindled for the entire sector, particularly for those companies that listed on U.S. equity markets through reverse takeovers of shell companies. As a group, virtually all Chinese companies listed in U.S. dollars have retrenched, as institutional investors […]