BUSINESS

Has Gold Peaked (For Now) ?

Gold Chart Setup Signals Important Top Below US$1900 FigureBy Ilya Spivak, Currency StrategistTHE TAKEAWAY ? Gold technical positioning suggests prices have formed a major top below the $1900/oz figure, implying a drop of over 9 percent decline over the coming days and weeks.

Global Markets Overview 09/19/2011

U.S. stocks rose Friday, posting gains on each day of the week amid hopes that Europe's debt crisis won't spiral out of control. Friday, the Dow Jones Industrial Average gained 75.91 points, or 0.7%, to 11509.09, and finished the week up 4.7%.

New York Police Blocks Wall Street Protesters

Some 1,000 people marched towards the financial district of New York City on Saturday to protest what they call a financial system that favors the rich but state police prevented them from coming near the New York Stock Exchange and from taking over the iconic Wall Street Bull statue.
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Apple's iPhone 5: When Weeks Turn Into Months, and Vice Versa

From highly anticipated, the iPhone 5 is turning out as old and out of style, i.e. if you believe Martin Fichter, acting president of HTC America. He says that iPhones are not that cool anymore as his daughters college classmates are now touting Android phones from Samsung Electronics and HTC.

Watch Out for the BlackBerry PlayBook on Sale at Only $99 Apiece

Canada-based Research In Motion Ltd. might share the same fate.When PlayBook was released, RIM's best-case scenario was it would be able to sell a tablet version of the BlackBerry. The worst-case scenario, was like the others, RIM's tablet couldn't gain ground against Apple Inc.'s iPad.

Troubled Ford Unveils Re-engineered, Greener Falcon Sedan

The Falcon is on the slide, in terms of overall sales since last year, according to Ford Australia but the carmaker remains optimistic that the setbacks it incurred in the local market during the past few quarters would be reversed by the entry of its newly-overhauled flagship sedan.

Myer Spending $9 Million for New Web Site

Australian retailer Myer is spending $9 million on a new website aimed at making the store the country's largest online department store. Myer targets to generate up to $40 million in annual sales from the new portal.

The Masters Of Hardware Hell

- Woolworths hosts analysts tour of Masters store- Initial reactions mixed- Citi suggests currency guidance for Masters is conservative- Brokers ratings for Woolworths unchangedBy Chris ShawWoolworths ((WOW)) has opened its first Masters home improvement store in Braybrook, Victoria, and the company...

Global Markets Overview 09/16/2011

U.S. stocks notched a fourth-straight gain after a pledge by central banks to pump dollars into the European banking system spurred investors to snap up equities.

Unit Sales Rebound Across Brisbane

The REIQ June quarter median unit and townhouse report has found the preliminary number of sales rebounded across most of Brisbane, with median prices also holding firm.

NSW Stamp Duty Changes to Hit Rural Centres Hard

The O’Farrell Government’s decision to slash First Home Buyers benefits by removing stamp duty concessions for existing homes will hit rural centres hard, according to the NSW’s peak industry body.

EU Court Rules German Pilots Can Fly Until Age 65

The European Court of Justice in Luxembourg has ruled that Lufthansa pilots can fly a plane until the age of 65 after finding the airline's age restriction for such workers as constituting discrimination.

American Dream Beams Bright in Palo Alto

The billions of dollars in Facebook founder Mark Zuckerberg's bank account must have inspired so many young technology geeks in the U.S. that they are following the footsteps the Internet mogul took when he was in university.

On Gold And Gold Stocks

By Greg PeelThe problem with assuming the price of gold simply has to go higher in the current short and longer term climates is that everyone is pretty much on the same page.

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