Meredith Whitney on FinReg, China & the Markets
Airtime: Mon. Jun. 21 2010 |
We could be in for a rough second half, Meredith Whitney, CEO of the Meredith Whitney Advisory Group, told CNBC.
Airtime: Mon. Jun. 21 2010 |
We could be in for a rough second half, Meredith Whitney, CEO of the Meredith Whitney Advisory Group, told CNBC.
“Letting Greece down would have been similar to the mistake of letting Lehman Brothers down at the time,” Hungarian Prime Minister Gordon Bajnai told CNBC Friday after a deal was reached to backstop the country’s debt
West African-focused miner Randgold Resources reported a 79% jump in full-year profit, benefiting from high gold prices and record production. It plans to raise its full-year dividend by 30%. “It was a great year,” CEO Mark Bristow said Monday. “We strengthened our balance sheet through last year.”
Gold is likely to stay above $1,000 this year, with room to rise further, says Mike McChesney, CEO of Vantage Goldfields. He talks to Greg Bundy of AIMS Financial, and CNCB’s Oriel Morrison and Sri Jegarajah, as the junior miner lists on the Australian market today.
Gold is not only the best play when stocks are down, it is great insurance against economic chaos and a great hedge against inflation.
Here are six reasons why you should buy gold right now:
Dependability
Can’t Be Copied
Timeless
A Win-Win
Rarity
It’s Universal
Parsing the jobs numbers, with CNBC’s Hampton Pearson; David Malpass, Encima Global president; Mark Zandi, Moody’s Economy.com chief economist; Andy Serwer, Fortune managing editor; Robert Barbera ITG chief economist; and CNBC’s Carl Quintanilla, Steve Liesman, Rick Santelli & Becky Quick.
Eric Cinnamond, of Intrepid Capital Funds, shares his favorite small cap stocks picks.