Most actively traded companies on Canadian stock markets

TORONTO - Some of the most active companies traded Friday on the Toronto Stock Exchange and the TSX Venture Exchange:Toronto Stock Exchange More...

Porsche-engineered VW hedge fund massacre signals next leg in commodities rout!

Stock markets are in violent flux. Safe-haven currencies are melting down. And Porsche punters just put hedge fund managers on notice: There is now massive pressure on funds to liquidate assets. Investors are piling into gold. But one top financial expert warns: “Oil at $50… Gold at $500: This Crisis will affect ALL asset [...]

---

© J. Christoph Amberger for TodaysFinancialNews.com LLC, 2008. | Permalink | | Add to del.icio.us
Post tags: financial news, GLD, gold price, nyse:gld, SPDR Gold Shares

The Tales Get Taller

When inexplicable events perplexed our early forbears, village wise men concocted elaborate and colorful explanations to soothe the populace. Earthquakes, hailstorms, and solar eclipses were all ascribed to root causes that made sense to the villagers and increased the esteem of the story tellers. The recent, unexpected surge of the U.S. dollar has led many Wall Street witch doctors to conjure a series of logic-defying tales to give reason to what is surely the random scramble of a confused herd.

Stocks Advance To Add To Week's Gains

Wall Street turned higher in cautious trading as investors looked to extend the week's big gains, even after a report that showed worried consumers are cutting back on their spending.