New York hedge fund manager John Paulson has replaced Warren Buffett as the nation's most influential investor, in the opinion of three of tonight's Fast Money traders. It's too early to know if Paulson really will be seen as the "Warren Buffett of our lifetime," as one of those traders boldly puts it, but his star is shining very brightly right now on Wall Street.
Gold prices are reaching the peak and running out of steam on this rally, said Charlie Morris of HSBC Global Asset Management.
Thursday's losses could continue, the Mad Money host says. Plus, his top Africa picks.
Buying gold is the sure way to preserve your wealth, said Ivory Johnson, director of financial planning at the Scarborough Group.
The price of gold rebounded sharply on Wednesday as the unexpected move by the Federal Reserve rejuvenated the appeal of this precious metal as a hedge against inflation.
Why are hedge fund whales making bullish bets on gold, when this precious metal has proven itself to be a long-term loser since 1970?
Regarded as a safe investment, gold often shines during turbulent times when increased demand typically drives up prices. For the first time since last March, gold settled above $1,000 an ounce on Friday. Since its low back in November, when gold was just over $700 an ounce, the bullion has risen 42%. During the same period the S&P 500 has plunged 15%.
The price of Yamana Gold has followed in the general trend of the metal itself, but the stock is up more than 100 percent over the last 2.5 months. One trader is using the options to try to ride that move up...
Stocks closed higher as a rebound in oil prices boosted energy shares and offset worries about the fate of the auto industry bailout.
Stocks rode the enthusiasm over an auto makers bailout and a swift round of profit-taking to stage a rally Wednesday that offset some of the previous day's losses.
Another day, another final-hour swing. At 2:55pm, the Dow was once again drifting into negative territory. But unlike much of this week, when the markets sold off and ended at the lows of the day, a NBC News report revealing President-Elect Barack Obama’s nominee for Treasury Secretary propelled a strong late-day rally.
In this Web Extra Pete Najarian reveals where he’s spotted some interesting options action.
With oil prices sliding but the dollar rally unsteady, where will gold go? Dawn Bennett of Bennett Group Financial Services and Mike O'Rourke of BTIG Bass Trading gave CNBC their insights into precious metal.
Where are gold prices going? Gold can either consolidate through until Sept. 12 and then make a breakout from the $957 level -- or it can trade up to $1023.72 by Aug. 21, says Richard Morrish from MIG Investments.
Forget congressional bluster about "speculators" -- commodities prices have barely begun to climb. So says John Roque of Natixis Bleichroeder -- and he has ideas for investors.