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  • Three reasons why the gold run is done

    Amanda Diaz at Talking Numbers1 day ago

    Stocks saw a huge sell-off today as fears of increased tensions in Ukraine and economic slowdown in China sent the Dow Jones Industrial Average down 200 points.

    So what do investors do when they’re scared? They buy gold.

    (Read: Stocks hit by global worries; Dow's worst session since Feb. 3)

    The global sell-off in stocks helped gold hit a six-month high, bringing it within arm’s reach of $1,400 an ounce. So, if you’re looking for a safety trade, is bullion your best bet?

    (Read: Gold rises to six-month high on China worries, Ukraine)

    Richard Ross of Auerbach Grayson thinks could go as high as $1,550, saying “gold continues to benefit from a myriad of technical and macro-technical factors which continue to make it a buy…the Russian market is on the verge of a major collapse…gold is the type of place you want to be under exactly those type of macro circumstances…this could be the start of a new bull run here.”

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  • How Ackman may have manipulated the world

    Lawrence Lewitinn at Talking Numbers1 day ago

    Here's some more Washington intrigue for conspiracy theorists (as if they didn't have enough on their plates). This one involves several feuding billionaires, members of Congress, money changing hands, and potential abuse of power.

    Naturally, this has to do with Herbalife, the company selling nutrition supplements using multilevel marketing.

    Let's start off with a retweet by the Federal Trade Commission last week:

    #NCPW2014 Why have you not shut down pyramid schemes like Herbalife, Nu Skin and others? What is the FTC waiting for?

    That was followed by this response from the FTC:

    @ArbitrageIt Can't confirm/deny/discuss FTC invesitgations. See Nu Skin: Complaint? #NCPW2014

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