| Gold, Silver, Metal Prices Commentary – June 7, 2010 June 7, 2010 at 9:12 AM |
| Dubious Declarations by the Danube Good Morning, A quick about-face from Hungary regarding its chance of a default assuaged markets as the new trading week got underway. Barely hours after announcing that there was a 'grave' situation facing the nation's economy, PM Orban and his government pulled out all the stops to reassure turmoil-laden markets that Hungary, is in fact, not Greece. At the end of the day, the country may now add a credibility problem to whatever economic or budget 'issues' it still faces. Markets will now need to rethink whether the concern about possible defaults was warranted but exaggerated. No matter, Friday's cautionary words did sufficient damage to the euro, the forint, and bonds to be remembered for quite some time to come. US stocks swooned on Friday while most commodities fell out of bed. Meanwhile, at the Busan meeting of the G-20 this weekend, there was little more than head-butting over how to proceed with the global economic recovery (fast-threatening to turn into something less) and over how to shrink deficits. (...) Read the rest of Gold, Silver, Metal Prices Commentary – June 7, 2010 (1,119 words) © Jon Nadler, Kitco Metals Inc. for Coin News, 2010. | Permalink | No comment | Want more on these topics? Browse the archive of posts filed under Bullion Articles and Precious Metal Reports, Business News, Commentary.  | | |
| Stolen New Jersey National Currency Notes Returned to Owner at Long Beach Expo June 7, 2010 at 9:00 AM |
| (Long Beach, California) – A unique six-note uncut sheet of $5 New Jersey National Currency notes stolen two years ago was returned to its grateful owner at the Long Beach Coin, Stamp & Collectibles Expo during dealer set up on June 2, 2010.  Beverly Hills, California dealer Kevin Lipton happily holds the recovered six-note $5 National Currency sheet from the Branchville, NJ Bank stolen from his office in 2008. It was recently recovered by Virgel Nickell and brought to him at the June 2010 Long Beach Coin, Stamp & Collectibles Expo. (Photo credit: Donn Pearlman.) The sheet was taken in an October 2008 burglary from the offices of dealer Kevin Lipton of Beverly Hills, California, and is the only item recovered so far. (...) Read the rest of Stolen New Jersey National Currency Notes Returned to Owner at Long Beach Expo (348 words) © Expos Unlimited/Collectors Universe, Inc. for Coin News, 2010. | Permalink | No comment | Want more on these topics? Browse the archive of posts filed under Coin or Numismatic News, Press Releases and Announcements.  | | | |  |
No comments:
Post a Comment