Gold has another 10% upside this year, according to Commerzbank analysts who see the price reaching $1,900. Acknowledging a doubling in speculative long positions in the metal over the last 2 months, the team says this occurred from a very low level and remains nowhere near extreme bullishness. (More price target increases) [View news story]
Where were all these bulls earlier this year when gold was flat? They were all advising to bail out, sell at all costs. When the metal rises, the analysts say buy. This is really less than helpful.
The jury handling the Apple-Samsung trial has begun reading its verdict. Thus far, over a dozen Samsung (SSNLF.PK) devices have been ruled to be infringing on multiple Apple (AAPL) patents. One patent covers scrolling, and another multi-touch gestures. (live blog) [View news story]
Gold has another 10% upside this year, according to Commerzbank analysts who see the price reaching $1,900. Acknowledging a doubling in speculative long positions in the metal over the last 2 months, the team says this occurred from a very low level and remains nowhere near extreme bullishness. (More price target increases) [View news story]
The jury handling the Apple-Samsung trial has begun reading its verdict. Thus far, over a dozen Samsung (SSNLF.PK) devices have been ruled to be infringing on multiple Apple (AAPL) patents. One patent covers scrolling, and another multi-touch gestures. (live blog) [View news story]
Big Wednesday Short Squeeze [View article]