Jim Rogers poured cold water on Friday's stock rally after European leaders agreed to backstop more debt-stricken banks. The S&P 500 jumped 2.49% on Friday, and spot gold was up $30 to close at $1,599.10/oz.
The U.S. Court of Appeals in Chicago ordered that an anti-trust lawsuit be brought back to the courts, and a lower court ruling that settled the issue in favour of the potash companies be set aside.
People will learn to adapt to a warmer climate and car drivers will not be retrofitting their vehicles to fill up with natural gas, said Exxon Mobil's CEO, Rex Tillerson, who spoke on a wide range of topics at the Council of Foreign Relations on Wednesday.
The dramatic announcement that the president's signature achievement, the Affordable Health Care Act, is constitutional also means that benefits for black lung victims will stay put.
The rapid industrialization of China and India will be good for the diamond business, and in the next decade demand will break through the peak reached in 2006, according to an analyst at Bain & Co.
The uninterrupted rise in gold ETFs has created an untested investment vehicle that could turn against people holding it, said Kitco economist Jon Nadler.
