SECURITY

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Why Gold is a religion for many people

By Jon NadlerA mild recovery in prices on the back of $117+ oil and a once again declining dollar overnight helped bring gold back to the $920 area after last Friday's rout.

Gold run dollar gyrations crude oil price tick

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By Jon Nadler After scaling up to $953.90 on the back of a new record of $115.50 in crude oil, gold prices turned back to the low $940's as the US dollar climbed to near 71.70 on the index....

'I am Bullish on All the Metals'

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Greg McCoach is an entrepreneur who has successfully started and run several businesses the past 22 years. For the last eight of these years he has been involved with the precious metals industry as ...
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Gold is a hedge against declining US Dollar

The idea that gold preserves wealth is even more important in an economic environment where investors are faced with a declining US dollar and rising inflation due to rising commodity prices.Histor...
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G7 draft: Will act to secure stability, growth

The Group of Seven finance ministers and central bank governors gathering in Tokyo on Saturday will reaffirm their determination to ensure financial stability, according to a draft G7 statement obtained by Reuters. We will continue to watch developments closely and remain committed to taking necessary action, individually and collectively, in order to secure stability and growth in our economies, the draft read.
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Gold falls 2.4 percent but rebound eyed

Gold fell 2.4 percent on Wednesday as investors took profits after a failed bid to set another record high beyond $914, but analysts said it might rebound after a period of consolidation.
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Kosovo backers seek tough NATO security pledge

The United States and other backers of Kosovo's drive for independence will seek a firm pledge from NATO allies on Friday to maintain peacekeeping troops at current levels and deal robustly with any violence.
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Gold firm above $800 on soaring oil

Gold held firm above $800 an ounce on Thursday as oil prices soared, but prices were locked into narrow ranges as a firmer dollar dulled the metal's attraction for non-U.S. investors.
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Israel launches anti-hijack pilot ID system

Israeli authorities plan to issue a new anti-hijack identification system to incoming aircraft which they say is foolproof, but some experts are not convinced it will plug all the security holes on the horizon.
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Gold moves higher on dollar's slump

Gold gained on Friday, with investors keen to drive the metal to a record high of $850 an ounce as the dollar tumbled to an all-time low and oil rallied.
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IBM seen launching major data security initiative

International Business Machines Corp is launching a major initiative to drive sales in the data security market, including $1.5 billion in spending next year on marketing and product development, the Wall Street Journal reported Thursday in its online edition.
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Gold off 28-year peak on profit taking

Gold retreated on Tuesday as investors took profits after the precious metal rose to its highest level in 28 years the previous day, lifted by record-high oil and a weak dollar, while silver hit an 8-month high.
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Blackwater guards offered immunity deals: report

U.S. State Department investigators looking into the shooting deaths of 17 Iraqis in Baghdad last month offered immunity deals to Blackwater security guards, The New York Times reported on Monday.
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U.S. outlines Baghdad security handover plan

U.S. forces hope to hand over half of Baghdad to Iraqi security control by the end of 2008, after violence in Iraq dropped to its lowest level since January 2006, the No. 2 U.S. general in Iraq said on Wednesday.
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Phone carriers quiet on U.S. surveillance program

Major U.S. telephone carriers refused to answer questions from the Democratic-led Congress about their possible participation in President George W. Bush's warrantless domestic spying program, according to documents released by lawmakers on Monday.
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Gold Increases as Dollar Slips

Gold finished about $2 higher on Wednesday as a decline in the value of the dollar boosted the appeal of the precious metals as alternative investments.

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