Boring Davos forum fortells market correction?
The World Economic Forum in Davos seems to have been very boring this year, judging from the newspaper and TV reports. Only some rather over-aggressive questioning of a panel by an anchor from Al Arabiya…
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What does the Dow:Gold Ratio signal for prices ahead?
If the Dow Jones Index is expressed in the only currency that does not inflate over time then the ongoing bear market is very clearly visible, with the rally of last year nothing more than…
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Wall Street turns bearish despite Q4 growth surprise
As goes January so goes the rest of the year. This old Wall Street adage may well apply to 2010 if yesterday’s news on Q4 GDP growth is any guide.
Stocks closed down on the…
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Is Soros buying gold ready for the 'ultimate bubble'?
Given the moves by rival hedge fund managers like John Paulson into the yellow metal, it would be surprising if that living trading legend George Soros is not buying gold at the moment.
Indeed, you…
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When will be the best time to buy gold and silver equities?
There has been a good deal of chatter on the precious metal websites about when might be the best time to buy gold and silver equities, and ArabianMoney has also been giving this some thought.…
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Gulf leaders avoid the World Economic Forum in Davos
In recent years Gulf business leaders have been prominent participants at the World Economic Forum in Davos, Switzerland. Not so this year, with the honorable exception of a big delegation from Bahrain.
Until the financial…
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Will Obama, Bernanke triumph or forces of nature?
It is hard not to have some admiration for President Obama and his struggles against Washington and Wall Street, but he increasingly looks like a hapless outsider rather as Jimmy Carter once did.
The same…
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Apple iPad to revolutionize Gulf media
You will not be reading about the launch of the Apple iPad in the Gulf newspapers until tomorrow, because the launch missed the deadlines for the regional press. But you will be able to read…
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Bob Prechter tells clients to go 200% short as markets crash
Market timer and Elliott Wave guru Robert Prechter told his clients to go 200 per cent short on financial markets two weeks ago, and this revelation on CNBC TV yesterday added to the down pressure…
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Can the Mideast power global growth if the UAE is in recession?
The International Monetary Fund now says that the UAE economy contracted by 0.7 per cent in 2009, placing the second-largest Arab economy in recession, and told The National newspaper that ‘in 2010 overall GDP growth…
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